New Jersey § 18a:66-44
Full text of New Jersey New Jersey Statutes § 18a:66-44, with citation guidance and answers to common questions.
§ 18a:66-44.
A member, upon retirement for service, shall receive a retirement allowance consisting
of: (a) an annuity which shall be the actuarial equivalent of his accumulated deductions,
together with interest after January 1, 1956, less any excess contributions as provided
in N.J.S.18A:66-20 ; and (b) a pension in the amount which, when added to the member's annuity, will provide
a total retirement allowance of 1/64 of final compensation for each year of service credited as class A service and 1/55
of final compensation for each year of service credited as class B service , or for a person who becomes a member of the retirement system on or after the effective
date of P.L.2010, c. 1 1/60 of final compensation for each year of service credited as class B service . Upon the receipt of proper proofs of the death of a member who has retired on a service
retirement allowance, there shall be paid to the member's beneficiary, an amount equal
to 3/16 of the compensation upon which contributions by the member to the annuity
savings fund were based in the last year of creditable service or in the year of the
member's highest contractual salary, whichever is higher.
Frequently Asked Questions About New Jersey § 18a:66-44
What does New Jersey Statutes § 18a:66-44 cover?
Section 18a:66-44 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:66-44?
A common citation format is "New Jersey Statutes § 18a:66-44" (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:66-44 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.