New Jersey Administrative Code
Title 17 - TREASURY - GENERAL
Chapter 4 - POLICE AND FIREMEN'S RETIREMENT SYSTEM
Subchapter 5 - PURCHASES AND ELIGIBLE SERVICE
Section 17:4-5.5 - Reinstatement of membership credit
Universal Citation: NJ Admin Code 17:4-5.5
Current through Register Vol. 56, No. 18, September 16, 2024
(a) A member, whose account has been terminated by the withdrawal of contributions from the Annuity Savings Fund or whose account has been terminated because of a two-year lapse in contribution, may be reinstated to the System under the provisions of P.L. 1967, c. 199 (11A:4-9) , P.L. 1969, c. 303 (40:47-11.1 and 11.2) or P.L. 1981, c. 439 (11A:4-9) , provided that the member meets the requirements of the System other than the age maximum.
1. A member reinstated under P.L. 1969, c.
303 (40:47-11.1 and 11.2), shall
purchase the previous credit the member had established in the PFRS at
enrollment. The cost of purchasing the previous credit will be determined using
the formula for calculating shared-cost purchases found at
17:4-5.3(a).
Disclaimer: These regulations may not be the most recent version. New Jersey may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
