N.J. Admin. Code § 17:1-2.15

Current through Register Vol. 56, No. 23, December 2, 2024

Section 17:1-2.15 - Credit for partial month service

(a) For retirement purposes, a full month of service credit will be granted to any enrolled member who has received enough salary in a particular month to withhold a full monthly pension deduction. In the case of an enrolled member who is reported on a biweekly basis, a full pay period of service credit will be granted if the member has received enough salary in a particular pay period to withhold a full biweekly pension deduction.

(b) In order to purchase a full month of service credit for previous, eligible service, an employee must have received enough salary in a particular biweekly pay period or month to have had withheld a full biweekly or monthly pension deduction.