New Jersey § 43:15a-37
Full text of New Jersey New Jersey Statutes § 43:15a-37, with citation guidance and answers to common questions.
§ 43:15a-37.
Regular interest charges payable, the creation and maintenance of reserves in the
contingent reserve fund, the maintenance of retirement reserves as provided for in
this act and the payment of all retirement allowances and other benefits granted by
the board of trustees under the provisions of this act, except the amounts payable
by other employers, are hereby made obligations of the State. All income, interest and dividends derived from deposits and investments authorized
by this act shall be used for the payment of these obligations of the State and other
employers , including, during the term of the lottery contribution made pursuant to section
4 of P.L.2017, c. 98 ( C.5:9-22.8 ), all income, interest, and dividends derived from deposits and investments in the
investment account of Common Pension Fund L, established pursuant to section 6 of P.L.2017, c. 98 ( C.5:9-22.10 ) . Upon the basis of each actuarial determination and appraisal provided for in this
act, the board of trustees shall submit to the Governor in each year an itemized statement
of the amounts necessary to be appropriated by the State to provide for payment in
full during the ensuing fiscal year of the obligations of the State accruing during
that year. The Legislature shall make an appropriation sufficient to provide for such obligations
of the State. The amounts so appropriated shall be paid into the contingent reserve fund.
Frequently Asked Questions About New Jersey § 43:15a-37
What does New Jersey Statutes § 43:15a-37 cover?
Section 43:15a-37 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-37?
A common citation format is "New Jersey Statutes § 43:15a-37" (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-37 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.