N.J. Admin. Code § 17:6-7.2

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

Section 17:6-7.2 - Forfeitures

Forfeitures of non-vested and other amounts under the Retirement Plan shall be used to reduce future employer contributions to the Retirement Plan under 43:15C-3(b). Forfeitures shall not be reallocated among the accounts of participants.