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.
The actuary appointed by the commission shall recommend and the board shall keep in
convenient form, such data as shall be necessary for actuarial valuation of the fund
every year. Once in every 3-year period the actuary shall make an actuarial investigation into
the mortality, service and compensation or salary experience of the members and beneficiaries
of the fund and shall make a valuation of the assets and liabilities of the fund. Upon the basis of such investigation and valuation the commission shall: a. Adopt for the fund such mortality, service and other tables as shall be deemed
necessary; b. Recommend changes in the rates of contributions; and c. Certify the rate of contribution, expressed as a proportion of the compensation
of the members which shall be made by the county to the fund in order to continue
the fund on a fully funded, reserve basis once the fund has achieved a fully funded
status on the basis of increased contributions by the county and the members. For the purpose of the valuation the commission shall classify the members in such
group or groups as it deems necessary.
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.