New Jersey § 43:16a-15
Full text of New Jersey New Jersey Statutes § 43:16a-15, with citation guidance and answers to common questions.
§ 43:16a-15.
a. In the case of any person who (1) was required to become a member of the retirement
system as a condition of employment, and whose application for enrollment in the retirement
system or whose application for transfer from one employer to another within the system
was filed beyond the effective date for his compulsory enrollment in the system or
his transfer within the system or (2) is eligible for membership on the basis of special
legislation, such person shall be required to purchase membership credit for his compulsory
coverage by paying into the annuity savings fund the amount required by applying,
in accordance with section 15 of chapter 255 of the laws of 1944, 1 his full rate of contribution on his current base salary subject to the retirement
system for each year of previous service during which he was required to have been
a member. b. If more than 1 year has elapsed from the time that contributions would have been
required from such person, 1 / 2 of the employee's cost, established by the computation provided by subsection a.
of this section, will be required of his employer and shall be included in the next
budget subsequent to the certification of this special liability by the retirement
system. The amount certified by the system shall be payable by the employer to the pension
accumulation fund and shall be due and owing to the system even if the employee is
no longer in the employ of the employer by the date such moneys are to be paid to
the system. c. The employee's obligation may be satisfied by regular installments, equal to at
least 1 / 2 the normal contribution to the retirement system, over a maximum period of 10 years. d. In the case of any person coming under the provisions of this section, full pension
credit for the period of employment for which arrears are being paid by the employee
shall be given upon the payment of at least 1 / 2 of the total employee's arrearage obligation and the completion of 1 year of membership
and the making of such arrears payments, except that in the case of retirement pursuant
to section 5 of chapter 255 of the laws of 1944 2 and sections 16 and 17 of chapter 241 of the laws of 1964, 3 the total membership credit for such service shall be in direct proportion as the
amount paid bears to the total amount of the arrearage obligation of the employee. 1
N.J.S.A. § 43:16A-15. 2
N.J.S.A. § 43:16A-5. 3
N.J.S.A. §§ 43:16A-16, 43:16A-17.
Frequently Asked Questions About New Jersey § 43:16a-15
What does New Jersey Statutes § 43:16a-15 cover?
Section 43:16a-15 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 § 43:16a-15?
A common citation format is "New Jersey Statutes § 43:16a-15" (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 § 43:16a-15 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.