New Jersey § 43:15a-60

§ 43:15a-60.

a. Each public employee veteran member shall have returned to him his accumulated

deductions as of January 2, 1955. All service rendered in office, position, or employment of this State or of a county,

municipality, school district, board of education, or other public employer, or service

rendered for the State University of New Jersey, an instrumentality of this State,

after April 16, 1945, and the New Jersey State Agricultural Experiment Station established

by an act approved March 10, 1880 (P.L.1880, c. 106 and continued pursuant to chapter

16 of Title 4 of the Revised Statutes), an instrumentality of this State, excluding

service rendered as county extension service farm and home demonstration agents, by

such veteran member previous to January 2, 1955, for which evidence satisfactory to

the retirement system is presented, shall be credited to him as a “Class B” member

and the obligation of the employer on account of such credit shall be known as the

accrued liability on behalf of such veteran member; provided, however, that no credit

shall be allowed for such service rendered prior to January 2, 1955 unless the member

purchases credit for all eligible service rendered on or after such date. b. The accrued liability on behalf of State employee veteran members including veteran

members employed by the State University of New Jersey or by the New Jersey Agricultural

Experiment Station shall be paid by the State as provided in section 24. 1 The accrued liability on behalf of other public employee veteran members shall be

paid by their employers, as of January 2, 1955, or the date of the next annual valuation

of the retirement system following his enrollment, whichever is later, in the same

manner as provided in the case of State employee veteran members in section 24. The retirement system shall certify to the chief fiscal officer of the employer

the accrued liability contribution payable by such employer on behalf of veteran members. c. Each public employee veteran members 2 shall make contributions to the retirement system at the rates of contribution applicable

to Class B members of group two of the former “State Employees' Retirement System”

as of June 30, 1949, as provided in section 25. 3 Each public employee veteran member shall pay the proportion of compensation applicable

to his age at the commencement of employment, position or office with the State, any

county, municipality or school district, board of education, or other public employer

except that where such service has not been continuous, the public employee veteran

member shall pay the proportion of compensation applicable to the age resulting from

the subtraction of his years of service from his age as of January 2, 1955. No public employee veteran member shall be required during the continuation of his

membership to increase the proportion of compensation certified at the time of becoming

a member as payable by him, except as provided in section 25 ( C.43:15A-25 ) . d. In the event that a public employee veteran who prior to January 2, 1955 rendered

service in office, position or employment of this State, including such service rendered

for any instrumentality enumerated in paragraph a. of this section, or of a county,

municipality, or school district, board of education, or other public employer, but

who is not in such office, position or employment on January 2, 1955, shall later

become a member of the retirement system, such public employee veteran member shall

receive prior service credit for service rendered prior to January 2, 1955, for which

evidence satisfactory to the retirement system is presented, and shall pay the proportion

of compensation, applicable to the age resulting from the subtraction of his years

of such prior service from his age on the date of his becoming a member of the retirement

system as provided in section 25 ( C.43:15A-25 ). The employer of such public employee veteran on the date of his becoming a member

shall pay the accrued liability on behalf of such prior service, and such liability

shall be paid in such a manner that the total obligation will be met within the period

of time fixed for the liquidation of such accrued liability of the employer. 1

N.J.S.A. § 43:15A-24. 2

So in original. 3

N.J.S.A. § 43:15A-25.