New Jersey § 18a:66-34
Full text of New Jersey New Jersey Statutes § 18a:66-34, with citation guidance and answers to common questions.
§ 18a:66-34.
A member who withdraws from service or ceases to be a teacher for any cause other
than death or retirement shall, upon the filing of an application therefor, receive
all of his accumulated deductions standing to the credit of his individual account
in the annuity savings fund, plus regular interest on contributions made after January
1, 1956, less any loan outstanding, and except that for any period after June 30,
1944, the interest payable shall be such proportion of the interest determined at
the regular rate as 2% per annum bears to the regular rate of interest; provided,
however, that no interest shall be payable if such a member does not have 3 years
of membership service at the time of withdrawal from service or cessation of employment. He shall cease to be a member 2 years from the date he discontinued service as a teacher,
or, if prior thereto, upon payment to him of his accumulated deductions. If any such person or member shall die before withdrawing or before endorsing the
check constituting the return of his accumulated deductions, such deductions shall
be paid to the member's beneficiary. No member shall be entitled to withdraw the amounts contributed by his employer
covering his military leave unless he shall have returned to the payroll and contributed
to the retirement system for a period of 90 days.
Frequently Asked Questions About New Jersey § 18a:66-34
What does New Jersey Statutes § 18a:66-34 cover?
Section 18a:66-34 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 § 18a:66-34?
A common citation format is "New Jersey Statutes § 18a:66-34" (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 § 18a:66-34 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.