New Jersey § 43:10-7
Full text of New Jersey New Jersey Statutes § 43:10-7, with citation guidance and answers to common questions.
§ 43:10-7.
A fund to pay pensions under this article shall be created as follows: a. The county treasurer shall deduct from every payment of salary to any county employee
who is benefited by this article and pay to the fund, 3% of the amount of the salary. b. The board of chosen freeholders shall annually raise in the county budget and contribute
annually to the fund for a period of 30 years from the date this amendatory act becomes
effective an amount as certified by the commission, with the advice of the actuary,
to meet the liabilities of the fund. c. All moneys donated for the purpose of the fund and all rewards paid to any county
employee while acting as county employee shall be paid over to the board of chosen
freeholders of the county to be deposited in the fund. If, at any time, there is not sufficient money in the pension fund to pay the pension,
the board of chosen freeholders shall, from time to time, include in any tax levy
a sum sufficient to meet the requirements of the pension fund.
Frequently Asked Questions About New Jersey § 43:10-7
What does New Jersey Statutes § 43:10-7 cover?
Section 43:10-7 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 § 43:10-7?
A common citation format is "New Jersey Statutes § 43:10-7" (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 § 43:10-7 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.