New Jersey § 43:13-22
Full text of New Jersey New Jersey Statutes § 43:13-22, with citation guidance and answers to common questions.
§ 43:13-22.
In addition to the contributions of the city prescribed in the act to which this act
is supplementary, in fiscal year 1967 the city shall increase its contribution by
1% of the amount of the salaries paid to all members of the pension fund in 1966 and
in each fiscal year thereafter the contribution of the city required by the provisions
of this act shall be increased over the previous percentage by an additional 1% of
the salaries paid to all members of the pension fund in the immediately preceding
year until the actuary shall certify to the city that the total of the contributions
made by the city, together with the contributions of the members and all earnings,
is sufficient to meet the liabilities of the fund on a fully funded, reserve basis. The actuary of the fund shall then certify the rate of contribution, expressed as
a portion of the compensation of the members, which shall be made by the city 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
city and the members.
Frequently Asked Questions About New Jersey § 43:13-22
What does New Jersey Statutes § 43:13-22 cover?
Section 43:13-22 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 § 43:13-22?
A common citation format is "New Jersey Statutes § 43:13-22" (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 § 43:13-22 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.