N.J. Admin. Code § 17:10-3.2

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

Section 17:10-3.2 - Acceptable designations of beneficiaries; non-contributory insurance

(a) The beneficiary designation on a duly executed retirement application that is filed with and accepted by the Division of Pensions and Benefits supersedes any older designation of beneficiary on file. The designation is effective upon acceptance by the Division, even if the retirement date on the application is in the future or the member withdraws the retirement application.

(b) The beneficiary or beneficiaries of the non-contributory group life insurance designated on the retirement application shall be the beneficiary or beneficiaries of the active non-contributory group life insurance.

1. If no beneficiary designation is in effect at the time of the member's death, or if no one is named as beneficiary for non-contributory group life insurance, the Division shall pay the benefit to the member's estate.

N.J. Admin. Code § 17:10-3.2

As amended, R.1982 d.345, effective 10/18/1982.
See: 14 N.J.R. 201(b), 14 N.J.R. 1165(b).
New Rule, R.2003 d.296, effective 7/21/2003.
See: 35 N.J.R. 388(a), 35 N.J.R. 3381(a).
HISTORICAL NOTE:
Distinction between leaves of absence for maternity and for personal illness was eliminated. Leave of absence for personal illness is covered in N.J.A.C. 17:10-3.3.