New Jersey § 43:15a-148
Full text of New Jersey New Jersey Statutes § 43:15a-148, with citation guidance and answers to common questions.
§ 43:15a-148.
Any workers compensation judge who has served at least five years successively as
a judge of compensation and at least 25 years of aggregate public service, and who
resigns or is not reappointed before reaching age 60, may elect “early” retirement,
provided, that such election is communicated by the member to the retirement system
by filing a written application, duly attested, stating at what time subsequent to
the execution and filing thereof the member desires to be retired. Any member of the retirement system, eligible to retire under the provisions of
this section, shall receive a retirement allowance consisting of an annuity which
shall be the actuarial equivalent of the member's accumulated deductions together
with regular interest, and a pension which, when added to the member's annuity, shall
provide a retirement allowance during the remainder of the member's life in the amount
of 2% of the member's final salary multiplied by the number of years of service up
to 25 plus 1% of the member's final salary multiplied by the number of years of service
over 25. Such retirement allowance shall be reduced in accordance with a table of actuarial
equivalents recommended by the actuary and adopted by the retirement system reflecting
all months that the member lacks of being age 60. The board of trustees shall retire the member at the time specified or at such other
time within one month after the date so specified as the board finds advisable.
Frequently Asked Questions About New Jersey § 43:15a-148
What does New Jersey Statutes § 43:15a-148 cover?
Section 43:15a-148 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 § 43:15a-148?
A common citation format is "New Jersey Statutes § 43:15a-148" (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 § 43:15a-148 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.