New Jersey § 53:5a-34
Full text of New Jersey New Jersey Statutes § 53:5a-34, with citation guidance and answers to common questions.
§ 53:5a-34.
The actuary for the State Police Retirement System shall determine for the valuation
period of the retirement system in which this act takes effect the liability of the
retirement system for the increased pension benefits provided under this act for all
participants of the retirement system as of the last day of the valuation period. This liability shall be added to the unfunded accrued liability of the retirement
system and shall be paid by the State in the same manner and over the remaining time
period provided for the State's unfunded accrued liability under section 34 of P.L.1965,
c. 89 ( C.53:5A-34 ). The actuary shall determine annually thereafter the liability of the retirement
system for the increased pension benefits provided under this act for new participants,
which shall be included in the normal contribution paid by the State. The State shall pay the cost of the actuarial work to determine the additional liabilities
of the retirement system for the benefits under this act.
Frequently Asked Questions About New Jersey § 53:5a-34
What does New Jersey Statutes § 53:5a-34 cover?
Section 53:5a-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 § 53:5a-34?
A common citation format is "New Jersey Statutes § 53:5a-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 § 53:5a-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.