New Jersey Administrative Code
Title 17 - TREASURY - GENERAL
Chapter 2 - PUBLIC EMPLOYEES' RETIREMENT SYSTEM
Subchapter 4 - MEMBERSHIP
Section 17:2-4.12 - Deductions
Universal Citation: NJ Admin Code 17:2-4.12
Current through Register Vol. 56, No. 6, March 18, 2024
(a) A full pension and contributory insurance deduction shall be taken for the PERS in any payroll period (monthly or biweekly) in which the member is paid a sufficient amount to make a full normal deduction, plus any other arrears or loan deductions then in effect.
(b) No deductions shall be taken, nor service credit given, in any pay period for employers who report on a biweekly basis or in any month, for employers who report on a monthly basis, in which the employee's salary is not sufficient to cover the required deductions for the PERS.
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