New Jersey § 43:13-9
Full text of New Jersey New Jersey Statutes § 43:13-9, with citation guidance and answers to common questions.
§ 43:13-9.
For the purpose of paying the pensions a fund shall be created in each city where
this article takes effect, as follows: a. There shall be deducted from every payment of salary to a municipal employee benefited
by this article 3% of the amount thereof and if any employee shall hereafter enter
the service of the municipality after reaching the age of 35 years, such percentage
shall be increased to such an amount as shall be determined by the pension commission
to correspond to the risk arising by the age of such employee. b. The city shall raise by taxation and pay into the fund yearly an amount equal to
4% of the total salaries paid to the employees who shall benefit by this article. c. There shall be added to such fund all fines imposed upon any such employee, all
moneys given or donated to the fund, all moneys deducted from the salary of such employee
because of absence or loss of time due to suspension and 1 / 2 of all rewards paid for any purpose to such employees. If there shall not be sufficient money in the fund so created, the governing body
of such city shall include in any tax levy a sum sufficient to meet the requirements
of the fund for the time being. All pensions granted under this article shall be exempt from any State or municipal
tax, levy and sale, garnishment or attachment or any other process whatsoever, and
shall be unassignable, except for the purpose and to the extent necessary to authorize,
with the member's or pensioner's consent, deductions of premiums for group hospitalization
and medical-surgical insurance.
Frequently Asked Questions About New Jersey § 43:13-9
What does New Jersey Statutes § 43:13-9 cover?
Section 43:13-9 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 § 43:13-9?
A common citation format is "New Jersey Statutes § 43:13-9" (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 § 43:13-9 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.