New Jersey Administrative Code
Title 17 - TREASURY - GENERAL
Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND
Subchapter 6 - RETIREMENT
Section 17:3-6.12 - Service retirement; eligibility
Universal Citation: NJ Admin Code 17:3-6.12
Current through Register Vol. 56, No. 6, March 18, 2024
(a) The qualifications for a "service retirement" depend on a member's date of enrollment in the TPAF:
1. For members whose enrollment date is before November 2, 2008, a member becomes eligible for a "Service" retirement on the first of the month following the member's 60th birthday. At the election of a member, if the member's 60th birthday falls on the first of a month, the retirement shall become effective on that date provided the member files a timely retirement application pursuant to 18A:66-43(a) and requests that date.
2. For members whose enrollment date is between November 2, 2008 and May 21, 2010, a member becomes eligible for a "Service" retirement on the first of the month following the member's 62nd birthday. At the election of a member, if the member's 62nd birthday falls on the first of a month, the retirement shall become effective on that date provided the member files a timely retirement application pursuant to 18A:66-43(a) and requests that date.
3. For members whose enrollment date is after May 21, 2010, a member becomes eligible for a "Service" retirement on the first of the month following the member's 65th birthday. At the election of a member, if the member's 65th birthday falls on the first of a month, the retirement shall become effective on that date provided the member files a timely retirement application pursuant to 18A:66-43(a) and requests that date.
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