N.J. Admin. Code § 17:7-5.6
Current through Register Vol. 57, No. 1, January 6, 2025
In addition to other applicable limits stated by the ABP Retirement Plan and notwithstanding any other provision of the ABP Retirement Plan document to the contrary, the amount of base salary determined for the purposes of the contributions to the Retirement Plan for any Plan year shall not exceed the limit prescribed by IRC § 401(a)(17) for the calendar year in which the Plan year begins, as adjusted each calendar year according to IRC § 401(a)(17)(B). This provision is subject to N.J.S.A. 43:3C-9.4.
N.J. Admin. Code § 17:7-5.6