N.J. Admin. Code § 17:8-4.2

Current through Register Vol. 56, No. 23, December 2, 2024
Section 17:8-4.2 - Participant contribution

Due to the Income Tax Reform Act of 1986, qualified voluntary employee contributions were discontinued as of January 1, 1987. The balance of a participant's account continues to be maintained and participates in the gains and losses of the fund until the participant qualifies for distribution.

N.J. Admin. Code § 17:8-4.2