N.J. Stat. § 43:8B-11
Current through L. 2024, c. 87.
The "ratio of increase" which shall apply to the pension originally granted to a retirant shall be calculated in accordance with the following percentages as determined by the calendar year in which the retirement became effective.
Year of Retirement | Ratio of Increase |
1915 | 219% |
1916 | 198% |
1917 | 153% |
1918 | 116% |
1919 | 88% |
1920 | 62% |
1921 | 82% |
1922 | 94% |
1923 | 90% |
1924 | 90% |
1925 | 85% |
1926 | 84% |
1927 | 87% |
1928 | 89% |
1929 | 89% |
1930 | 94% |
1931 | 113% |
1932 | 138% |
1933 | 151% |
1934 | 143% |
1935 | 137% |
1936 | 134% |
1937 | 126% |
1938 | 130% |
1939 | 134% |
1940 | 132% |
1941 | 120% |
1942 | 99% |
1943 | 88% |
1944 | 85% |
1945 | 80% |
1946 | 66% |
1947 | 45% |
1948 | 35% |
1949 | 36% |
1950 | 35% |
1951 | 25% |
1952 | 22% |
1953 | 21% |
1954 | 21% |
N.J.S. § 43:8B-11