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2021 New Jersey Revised Statutes
Title 43 - Pensions and Retirement and Unemployment Compensation
Section 43:15A-23 - Expense fund.
Universal Citation: NJ Rev Stat § 43:15A-23 (2021)
43:15A-23 Expense fund.
23. The expenses of administration of the retirement system on behalf of State employee members shall be paid by the State of New Jersey.
The administration fees hereafter paid by participating employers other than the State, shall be used to pay the expenses of administration of the retirement system on behalf of all members other than State employees.
For purposes of this section, during the term of the lottery contribution made pursuant to section 4 of P.L.2017, c.98 (C.5:9-22.8), the expenses of the Lottery Enterprise shall not be considered to be expenses of the retirement system.
L.1954, c.84, s.23; amended 2017, c.98, s.23.
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