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.
Notwithstanding any other law regarding the purchase of service credit, an elected
official of the city may purchase credit for all previous service as such an elected
official by paying into the pension fund 5% of the salaries he received in such prior
periods, in which event he shall agree to make such purchase within 1 year after the
effective date of this supplementary act or during the first year of service as an
elected official in the city. If the request for the purchase is received beyond the 1-year period, interest shall
be added to the amount of the arrearage obligation at an interest rate to be determined
by the pension commission after consultation with the actuary. The purchase of service credit may be by lump sum or in regular installments over
a maximum period of 10 years. In the case of any elected official of the city coming under the provisions of this
section, full pension credit for the period of service for which arrears are being
paid by the member shall be given upon the payment of at least one-half of the total
arrearage obligation and the completion of 1 year of service as an elected official
of the city and the making of such arrears payments, except that in the case of retirement
pursuant to section 17 of P.L.1954, c. 218 ( C. 43:13-22.19 ) and section 6 of P.L.1972, c. 122 ( C. 43:13-22.19a ) and to this supplementary act, the total membership credit for such service shall
be in direct proportion as the amount paid bears to the total amount of the arrearage
obligation of the member. No member shall receive credit for any service as an elected official of the city
for which he has not contributed as required by this section.
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.