N.J. Admin. Code § 17:6-7.2
Current through Register Vol. 57, No. 1, January 6, 2025
Forfeitures of non-vested and other amounts under the Retirement Plan shall be used to reduce future employer contributions to the Retirement Plan under N.J.S.A. 43:15C-3(b). Forfeitures shall not be reallocated among the accounts of participants.
N.J. Admin. Code § 17:6-7.2