N.J. Stat. § 43:13-22.49i

Current through L. 2024, c. 87.
Section 43:13-22.49i - Repeal of ordinance; receipt of refund of contributions; membership in PERS and purchase of prior service credits

Upon the repeal of the ordinance by the governing body of the city, any elected official of the city who receives a refund of his contributions to the retirement system may become a member of the Public Employees' Retirement System pursuant to section 75 of P.L. 1954, c. 84 (C. 43:15A-75) and may purchase credit for previous service as an elected official of the city pursuant to the provisions of subsection b. of section 8 of P.L. 1954, c. 84 (C. 43:15A-8b.).

N.J.S. § 43:13-22.49i

L.1981, c.565, s.9, eff. 1/12/1982.