New Jersey § 18a:66-70

§ 18a:66-70.

If, following application by a member of the retirement system to purchase credit

therein under any provision of article 1 of chapter 66 of Title 18A of the New Jersey

Statutes, as amended and supplemented, the member attains qualification as a veteran

member pursuant to the enactment of a law, the adoption of a rule or regulation, the

revision of an administrative interpretation or application of such a rule or regulation,

or any other official act, the member shall be permitted, upon written application

to the retirement system within two years following the effective date of that law,

rule, regulation, revision, or other act or within two years of the effective date

of P.L.1995, c. 406 ( C.43:15A-60.2 et al.), whichever is later, to terminate any remaining obligation to complete the

purchase and to receive a return of all contributions deducted or other payments made

on or after the effective date of the law, rule, regulation, revision, or other act

in connection with the purchase. If any service has been credited under the retirement system to the member in connection

with the purchase, the amount of that service so credited shall be reduced in proportion

to the return to the member hereunder of any contributions or other payments.