New Jersey Administrative Code
Title 17 - TREASURY - GENERAL
Chapter 6 - DEFINED CONTRIBUTION RETIREMENT PROGRAM
Subchapter 7 - VESTING AND FORFEITURE
Section 17:6-7.2 - Forfeitures
Universal Citation: NJ Admin Code 17:6-7.2
Current through Register Vol. 56, No. 6, March 18, 2024
Forfeitures of non-vested and other amounts under the Retirement Plan shall be used to reduce future employer contributions to the Retirement Plan under 43:15C-3(b). Forfeitures shall not be reallocated among the accounts of participants.
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