N.J. Admin. Code § 17:5-3.4

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

Section 17:5-3.4 - Minimum adjustment

In order to facilitate the reconciliation of a member's account, upon death no refunds or additional contributions shall be made to a member's loan and arrearages balances, if such adjustments involve the amount of $ 50.00 or less. Unresolved differences of $ 50.00 or less will be written off.

Amended by R.2001 d.128, effective 4/16/2001.
See: 33 N.J.R. 204(a), 33 N.J.R. 1205(a).
Substituted "$ 2.00" for "$ 3.00" and added "during a calendar quarter".
Amended by R.2012 d.042, effective 2/21/2012.
See: 43 N.J.R. 2568(a), 44 N.J.R. 507(c).
Rewrote the section.