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2020 New Jersey Revised Statutes
Title 43 - Pensions and Retirement and Unemployment Compensation
Section 43:16A-55 - Purchase of group insurance coverage for death benefits.
Universal Citation: NJ Rev Stat § 43:16A-55 (2020)
43:16A-55 Purchase of group insurance coverage for death benefits.
22. The board of trustees may, in its discretion, determine to purchase group insurance coverage for the death benefit provisions as provided in sections 5 and 6, subsection (3) of section 7, section 9, and subsection (5) of section 10 of P.L.1944, c.255 (C.43:16A-5 through C.43:16A-7, C.43:16A-9, and C.43:16A-10) and sections 16 and 17 of P.L.1964, c.241 (C.43:16A-11.1 and C.43:16A-11.2), or may determine not to purchase any group insurance coverage for the death benefit provisions heretofore mentioned.
L.1964, c.241, s.22; amended 1967, c.250, s.19; 2018, c.55, s.29.
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