New Jersey § 18a:66-6

§ 18a:66-6.

a. In the case of any person who was required to become a member of the retirement

system as a condition of employment, and whose application for enrollment in the retirement

system or whose application for transfer from one employer to another within the system

was filed beyond the effective date for his compulsory enrollment in the system or

his transfer within the system, such person shall be required to purchase membership

credit for his compulsory coverage by paying into the annuity savings fund the amount

required by applying, in accordance with N.J.S. 18A:66-29 , his rate of contribution on his current base salary subject to the retirement system

for each year of previous service during which he was required to have been a member. b. If more than 1 year has elapsed from the time that contributions would have been

required from such person, 1/2 of the employee's cost established by the computation

provided by subsection a. of this section, will be required of his employer and shall

be included in the next budget subsequent to the certification of this special liability

by the retirement system. The amount certified by the system shall be payable by the employer to the contingent

reserve fund and shall be due and owing to the system even if the employee is no longer

in the employ of the employer by the date such moneys are to be paid to the system. c. The employee's obligation may be satisfied by regular installments, equal to at

least 1/2 of the normal contribution to the retirement system, over a maximum period

of 10 years, but not more than 2 years in the case of any employee who has attained

or will attain age 60 within the 2-year period or, for a person who became a member of the retirement system on or after the effective

date of P.L.2008, c. 89 , has attained or will attain age 62 within the 2-year period . d. In the case of any person coming under the provisions of this section, full pension

credit for the period of employment for which arrears are being paid by the employee

shall be given upon the payment of at least 1/2 of the total employee's arrearage

obligation and the completion of 1 year of membership and the making of such arrears

payments, except that in the case of retirement pursuant to N.J.S. 18A:66-36 , 18A:66-37 , 18A:66-44 and 18A:66-71 , the total membership credit for such service shall be in direct proportion as the

amount paid bears to the total amount of the arrearage obligation of the employee. 1

L.2008, c. 89, eff. Nov. 1, 2008.