N.J. Admin. Code § 17:6-16.2
Current through Register Vol. 56, No. 23, December 2, 2024
Notwithstanding any other provision of the Retirement Plan, the Plan Administrator may pay to the Internal Revenue Service or Federal agency from a participant's, beneficiary's, or alternate payee's account the amount that the Plan Administrator finds is demanded under an Internal Revenue Service levy or Federal restitution order with respect to that participant, beneficiary, or alternate payee or is sought to be collected by the United States under a judgment resulting from an unpaid tax assessment or restitution order against the participant, beneficiary, or alternate payee.
N.J. Admin. Code § 17:6-16.2