New Jersey § 53:5a-27
Full text of New Jersey New Jersey Statutes § 53:5a-27, with citation guidance and answers to common questions.
§ 53:5a-27.
a. Should a member resign after having established 25 years of creditable service in the retirement system or as a member appointed to the State Police under section 3 of P.L.1983, c. 403 ( C.39:2-9.3 ) or a member appointed to the State Police under section 1 of P.L.1997, c. 19 ( C.53:1-8.2 ), he may elect “special” retirement; provided that such election is communicated
by such member to the retirement system by filing a written application, duly attested,
stating at what time subsequent to the execution and filing thereof he desires to
be retired. He shall receive, in lieu of the payment provided in section 26, 1 a retirement allowance which shall consist of: (1) An annuity which shall be the actuarial equivalent of his aggregate contributions;
and (2) A pension in the amount which, when added to the member's annuity, will provide
a total retirement allowance of 65% of his final compensation, plus 1% of his final
compensation multiplied by the number of years of creditable service over 25, but
not over 30. The board of trustees shall retire him at the time specified or at such other time
within one month after the date so specified, as the board finds advisable. b. Upon the receipt of proper proofs of the death of such a retired member, there
shall be paid to the member's beneficiary an amount equal to one-half of the final
compensation received by the member. 1
N.J.S.A. § 53:5A-26.
Frequently Asked Questions About New Jersey § 53:5a-27
What does New Jersey Statutes § 53:5a-27 cover?
Section 53:5a-27 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 53:5a-27?
A common citation format is "New Jersey Statutes § 53:5a-27" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 53:5a-27 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.