New Jersey § 43:15a-93
Full text of New Jersey New Jersey Statutes § 43:15a-93, with citation guidance and answers to common questions.
§ 43:15a-93.
Any such group policy or policies shall include, with respect to any insurance terminating
or reducing because the member ceases to be eligible for participation under the Public
Employees' Retirement System or because the member has ceased to be in service or
has retired, the conversion privilege available upon termination of employment as
prescribed by the law relating to group life insurance; and shall also include, with
respect to insurance terminating because of termination of the group policy resulting
from a termination of the death benefits for all members established under sections
38, 41, 45, 46, 48, 49 and 57 of P.L.1954, c. 84 ( C. 43:15A-38 , 43:15A-41 , 43:15A-45 , 43:15A-46 , 43:15A-48 , 43:15A-49 , 43:15A-57 ), the conversion privilege available upon termination of the group policy as prescribed
by the law relating to group life insurance. Any such group policy or policies shall also provide that if a member dies during
the 31-day period during which he would be entitled to exercise the conversion privilege,
the amount of insurance with respect to which he could have exercised the conversion
privilege shall be paid as a claim under the group policy. When benefits payable upon the death of a member following retirement are determined
as though the member had not retired, the death benefits payable under the group policy,
together with the amount of insurance paid under any individual policy obtained under
the conversion privilege, shall in no event exceed the amount of insurance for which
the member was insured under the group policy immediately prior to the date the right
of conversion arose. If any member who has exercised the conversion privilege under the group policy or
policies again becomes a member of the Public Employees' Retirement System, and the
individual policy obtained pursuant to the conversion privilege is still in force,
he shall not again be eligible for any of the death benefits provided by P.L.1954,
c. 84 ( C. 43:15A-1 et seq. ) unless he furnishes satisfactory evidence of insurability.
Frequently Asked Questions About New Jersey § 43:15a-93
What does New Jersey Statutes § 43:15a-93 cover?
Section 43:15a-93 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-93?
A common citation format is "New Jersey Statutes § 43:15a-93" (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-93 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.