New Jersey Administrative Code
Title 17 - TREASURY - GENERAL
Chapter 10 - JUDICIAL RETIREMENT SYSTEM
Subchapter 3 - INSURANCE AND DEATH BENEFITS
Section 17:10-3.2 - Acceptable designations of beneficiaries; non-contributory insurance
Universal Citation: NJ Admin Code 17:10-3.2
Current through Register Vol. 56, No. 18, September 16, 2024
(a) The beneficiary designation on a duly executed retirement application that is filed with and accepted by the Division of Pensions and Benefits supersedes any older designation of beneficiary on file. The designation is effective upon acceptance by the Division, even if the retirement date on the application is in the future or the member withdraws the retirement application.
(b) The beneficiary or beneficiaries of the non-contributory group life insurance designated on the retirement application shall be the beneficiary or beneficiaries of the active non-contributory group life insurance.
1. If no beneficiary
designation is in effect at the time of the member's death, or if no one is
named as beneficiary for non-contributory group life insurance, the Division
shall pay the benefit to the member's estate.
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