New Jersey Administrative Code
Title 17 - TREASURY - GENERAL
Chapter 4 - POLICE AND FIREMEN'S RETIREMENT SYSTEM
Subchapter 4 - MEMBERSHIP
Section 17:4-4.10 - Termination; withdrawal
Universal Citation: NJ Admin Code 17:4-4.10
Current through Register Vol. 56, No. 24, December 18, 2024
(a) Under the terms of the statutes, a member may withdraw from the System only if the member terminates all employment.
(b) No application shall be approved if:
1. The member is on official leave of
absence;
2. The member or employer
certifies that employment has not ended or that the member has taken another
position subject to coverage;
3.
The member has been dismissed or suspended from employment. In this event, such
a member will be eligible to withdraw if the member has formally resigned from
the position and there is no legal action contemplated or pending and the
dismissal has been adjudged final. If the member or employer does not advise
the Division that there is an appeal and the withdrawal application is
processed, the member must repay the Retirement System the full amount of
contributions with interest before the account may be reinstated; or
4. The member has a claim pending for
Workers' Compensation benefits, unless the member signs a waiver indicating
that the member still wishes to withdraw.
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