New Jersey Administrative Code
Title 17 - TREASURY - GENERAL
Chapter 7 - ALTERNATE BENEFIT PROGRAM
Subchapter 11 - GENERAL PROVISIONS-ABP PROGRAM
Section 17:7-11.1 - Anti-alienation

Universal Citation: NJ Admin Code 17:7-11.1
Current through Register Vol. 56, No. 6, March 18, 2024

To the extent allowed by law, any benefit or interest available under a Plan, or any right to receive or instruct payments under a Plan, or any distribution or payment made under the Program, or any Plan under the Program, shall not be subject to assignment, alienation, garnishment, attachment, transfer, anticipation, sale, mortgage, pledge, hypothecation, commutation, execution, or levy, whether by the voluntary or involuntary act of any interested person under a Plan, except (with respect to the ABP Retirement Plan and/or ACTS) for an interest that becomes payable pursuant to a Qualified Domestic Relations Order. However, the preceding sentence shall not be construed to preclude the payment of any fees or expenses (including taxes) under the ABP Retirement Plan.

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