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.
The actuary of the Police and Firemen's Retirement System shall calculate the liability
of each employer of employees becoming members of the system under this act in the
same manner as is specified in the case of other employees where the Police and Firemen's
Retirement System is adopted, taking into account the value of moneys remitted by
the pension funds. In the event that the value of such money so remitted is less than the total which
is required by the Police and Firemen's Retirement System to provide the transferred
member with credit for his public service, the liability of the employer shall include
an amount equal to the difference between these two values. Upon certification by the actuary of the Police and Firemen's Retirement System
each employer shall make such contributions as are required in order to meet his financial
obligations in the same manner and within the same period of time as is specified
in the case of other employers where the Police and Firemen's Retirement System of
New Jersey is adopted.
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.