2018 New Jersey Revised Statutes
Title 43 - PENSIONS AND RETIREMENT AND UNEMPLOYMENT COMPENSATION
Chapter 8B
Section 43:8B-11 - Ratio of increase

Universal Citation: NJ Rev Stat § 43:8B-11 (2018)

Section: 43:8B-11: Ratio of increase

The "ratio of increase" which shall apply to the pension originally granted to a retirant shall be calculated in accordance with the following percentages as determined by the calendar year in which the retirement became effective.

Year of Ratio of

Retirement Increase



1915 219\%

1916 198\%

1917 153\%

1918 116\%

1919 88\%

1920 62\%

1921 82\%

1922 94\%

1923 90\%

1924 90\%

1925 85\%

1926 84\%

1927 87\%

1928 89\%

1929 89\%

1930 94\%

1931 113\%

1932 138\%

1933 151\%

1934 143\%

1935 137\%

1936 134\%

1937 126\%

1938 130\%

1939 134\%

1940 132\%

1941 120\%

1942 99\%

1943 88\%

1944 85\%

1945 80\%

1946 66\%

1947 45\%

1948 35\%

1949 36\%

1950 35\%

1951 25\%

1952 22\%

1953 21\%

1954 21\%



L.1971, c. 379, s. 3.

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