Statutes, codes, and regulations
New Jersey Statutes
Title 43 - PENSIONS AND RETIREMENT AND UNEMPLOYMENT COMPENSATION
Chapter 43:15B - DEFERRED COMPENSATION PLAN, LENGTH OF SERVICE AWARD PROGRAM
Section 43:15B-10 - Consistency of plan with requirements of federal Internal Revenue Code

N.J. Stat. § 43:15B-10

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Current through L. 2024, c. 87.
Section 43:15B-10 - Consistency of plan with requirements of federal Internal Revenue Code

No agreement may be entered into between the employer and any employee for the deferral and deduction of any portion of current salary, pursuant to this act, until the named fiduciary determines that the plan and any related implementing rules and regulations are consistent with the requirements of the federal Internal Revenue Code, as amended.

N.J.S. § 43:15B-10

L.1977, c.381, s.10; amended c. 116, s. 3.