N.J. Admin. Code § 17:6-16.18
Current through Register Vol. 56, No. 23, December 2, 2024
Any payment or any agreement to make payments under a payment option selected by the proper payee, shall, to the extent of the payment(s) or agreement, be in full satisfaction of all claims. If a dispute arises as to the proper payee of any payment(s), the Plan Administrator, in his or her sole discretion, may withhold or cause to be withheld any payment(s) until the dispute shall have been determined by a court of competent jurisdiction or shall have been settled by all the parties concerned.
N.J. Admin. Code § 17:6-16.18