New Jersey § 18a:66-77
Full text of New Jersey New Jersey Statutes § 18a:66-77, with citation guidance and answers to common questions.
§ 18a:66-77.
In the event the state treasurer shall determine to purchase group insurance coverage
for the noncontributory death benefits, premiums for the same shall be paid from a
special fund, hereby created, called the “group insurance premium fund.” The state treasurer shall estimate annually the amount of premiums which will be required
for such benefits for the ensuing fiscal year and shall certify such amounts to the
state and other participating employers as due and owing from them. The state and other participating employers shall pay over to the state treasurer
the amount for premiums so certified and the state treasurer shall deposit these amounts
in the group insurance premium fund. During the period such group insurance policy or policies are in effect the state
treasurer shall in no way commingle moneys in this fund with any pension fund established
under this article. In the event that the board of trustees of the teachers' pension and annuity fund
shall determine to purchase group coverage for the additional death benefits, premiums
for same shall be paid from a special fund hereby created called the “contributory
group insurance premium fund.” While such group coverage shall be in force, the contributions from the compensation
of members to provide such additional death benefits shall be accumulated in said
contributory group insurance premium fund. Any dividend or retrospective rate credit allowed by an insurance company shall
be credited to the aforesaid funds in an equitable manner.
Frequently Asked Questions About New Jersey § 18a:66-77
What does New Jersey Statutes § 18a:66-77 cover?
Section 18a:66-77 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:66-77?
A common citation format is "New Jersey Statutes § 18a:66-77" (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:66-77 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.