New Jersey § 43:6a-34
Full text of New Jersey New Jersey Statutes § 43:6a-34, with citation guidance and answers to common questions.
§ 43:6a-34.
a. The annuity savings fund shall be the fund to which shall be credited aggregate
contributions made by members or on their behalf to provide for their allowances. The aggregate contributions of a member withdrawn by him or paid to his estate or
his designated beneficiary in the event of death as provided by this amendatory and
supplementary act shall be paid from the annuity savings fund. Upon the retirement of a member where the aggregate contributions of the member
are to be provided in the form of an annuity, the aggregate contributions of the member
shall be transferred from the annuity savings fund to the retirement reserve fund. b. There shall be deducted from the payroll of each member of the system 3% of the
amount of any difference between the salary on or after January 19, 1982 for any judicial
position held by the member and the salary for that position on January 18, 1982,
except that there shall be deducted from the payroll of each new member initially
enrolled on or after January 1, 1996, in the retirement system, 3% of the salary for
the judicial position held by the member. There shall be deducted from the payroll of each member of the system on and after
the effective date of P.L.2011, c. 78 an additional 9% of the salary for the judicial position held by the member phased-in
in equal increments over a period of seven years. Every judge of the several courts to whom this amendatory and supplementary act applies
shall be deemed to consent and agree to any deduction from his compensation required
by this act and to all other provisions of this act. Notwithstanding any other law, rule or regulation affecting the salary, pay, compensation,
other perquisites, or tenure of a person to whom this amendatory and supplementary act applies, or shall apply, and
notwithstanding that the minimum salary, pay, or compensation or other perquisites
provided by law for him shall be reduced thereby, payment, less such deductions, shall
be a full and complete discharge and acquittance of all claims and demands for service
rendered by him during the period covered by such payment.
Frequently Asked Questions About New Jersey § 43:6a-34
What does New Jersey Statutes § 43:6a-34 cover?
Section 43:6a-34 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 § 43:6a-34?
A common citation format is "New Jersey Statutes § 43:6a-34" (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 § 43:6a-34 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.