New Jersey § 43:10-18
Full text of New Jersey New Jersey Statutes § 43:10-18, with citation guidance and answers to common questions.
§ 43:10-18.
On or before October 1, 1969 and by the same date in each subsequent year, the Director
of the Division of Pensions of the State Department of the Treasury shall review the
index and determine the percentum of change in the index from the retirement year
index pursuant to the provisions of the Pension Increase Act (P.L.1969, c. 169). 1 The percentage of adjustment in the pensions shall be 1 / 2 of the percentum of change. The director shall include amounts sufficient to adjust the retirement allowances
or pensions payable to all eligible retirants by 1 / 2 of the percentum of change in the index as such retirement allowances or pensions
may have been originally granted, or increased for certain retirants in accordance
with the provisions of the Pension Increase Act (P.L.1969, c. 169). The director shall notify the secretary of the retirement system of the percentage
of adjustment for the applicable year. In no instance shall the amount of the pension originally granted and payable to any
retirant be reduced as a result of this adjustment. For purposes of this section a “retirant” shall include all retirants except those
whose pension commenced within the 3 calendar years prior to the first of the month
in which the adjustment is to become effective in any year. 1
Now Pension Adjustment Act; N.J.S.A. §§ 43:3B-1 to 43:3B-10.
Frequently Asked Questions About New Jersey § 43:10-18
What does New Jersey Statutes § 43:10-18 cover?
Section 43:10-18 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 § 43:10-18?
A common citation format is "New Jersey Statutes § 43:10-18" (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 § 43:10-18 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.