New Jersey § 43:3b-3
Full text of New Jersey New Jersey Statutes § 43:3b-3, with citation guidance and answers to common questions.
§ 43:3b-3.
For retirants and beneficiaries, the percentage of adjustment which shall apply to
the retirement allowance, survivorship benefit or pension originally granted to a
retirant or beneficiary shall be calculated in accordance with the following percentages
as determined by the calendar year in which the retirement became effective; provided
that, in no instance shall the amount of the retirement allowance or pension paid
to any retirant under this act including payments under future revisions be less than
the retirement allowance or pension paid under chapter 143, public laws of 1958 as
amended by chapter 144, public laws of 1961 and chapter 198, public laws of 1964;
and, provided further, that in no instance shall the amount of the retirement allowance,
survivorship benefit or pension originally granted and payable to any retirant or
beneficiary be reduced as a result of the provisions of this amendatory and supplementary
act. In no event shall a beneficiary whose benefit year is established by subsection
d. (4) of section 1 of this act ( C. 43:3B-1 ) be eligible for an increase under this section.
Frequently Asked Questions About New Jersey § 43:3b-3
What does New Jersey Statutes § 43:3b-3 cover?
Section 43:3b-3 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 § 43:3b-3?
A common citation format is "New Jersey Statutes § 43:3b-3" (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 § 43:3b-3 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.