2018 New Jersey Revised Statutes
Title 43 - PENSIONS AND RETIREMENT AND UNEMPLOYMENT COMPENSATION
Chapter 15B - Deferred compensation plan, length of service award program.
Section 43:15B-6 - Unassignability of payments and rights

Universal Citation: NJ Rev Stat § 43:15B-6 (2018)

Section: 43:15B-6: Unassignability of payments and rights

No participating employee or beneficiary thereof shall have the right to commute, sell, assign or otherwise transfer or convey the rights to receive any payments deriving from participation in the plan and such payments and rights are expressly declared to be and shall be unassignable.

L.1977, c. 381, s. 6, eff. Feb. 8, 1978.

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