New Jersey § 43:16a-48
Full text of New Jersey New Jersey Statutes § 43:16a-48, with citation guidance and answers to common questions.
§ 43:16a-48.
Within 120 days following the effective date of this act the county or county park
commission pension funds and the Public Employees' Retirement System shall remit to
the Police and Firemen's Retirement System of New Jersey all accumulated deductions
standing to the credit of each transferred employee as members of such funds, and
within 180 days following the effective date of this act remit the pro-rata part of
the reserve fund constituting the employer's obligations under the former system applicable
to such employee's account, and the Police and Firemen's Retirement System shall then
enter the respective sums so remitted to it to the credit of such employee in the
Annuity Savings Fund and to the credit of the employer in the Pension Accumulation
Fund of the Police and Firemen's Retirement System of New Jersey. Interest at the rate of 6% per annum shall be added to the employer's obligations
if such moneys are not remitted within the periods prescribed by this section.
Frequently Asked Questions About New Jersey § 43:16a-48
What does New Jersey Statutes § 43:16a-48 cover?
Section 43:16a-48 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-48?
A common citation format is "New Jersey Statutes § 43:16a-48" (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-48 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.