N.J. Admin. Code § 17:4A-25.1
Current through Register Vol. 56, No. 23, December 2, 2024
Section 17:4A-25.1 - Permissible investments(a) Subject to the limitations in this subchapter, the Board may invest and reinvest PFRSNJ-managed fund assets in opportunistic investments, provided that the requirements at N.J.A.C. 17:4A-1.4 have been met.(b) For all investments of PFRSNJ-managed fund assets in opportunistic investments, the Chief Investment Officer or Investment Committee shall provide an informational memorandum to the Board, which memorandum shall be provided at the next regularly scheduled meeting of the Board subsequent to the date such investment has been made.N.J. Admin. Code § 17:4A-25.1
Adopted by 53 N.J.R. 1147(a), effective 7/6/2021Recodified from 17:4A-25.2 by 56 N.J.R. 795(a) effective 5/6/2024