New Jersey Administrative Code
Title 17 - TREASURY - GENERAL
Chapter 7 - ALTERNATE BENEFIT PROGRAM
Subchapter 22 - BENEFICIARY - GROUP LIFE INSURANCE PLAN ONLY
Section 17:7-22.10 - Life insurance

Universal Citation: NJ Admin Code 17:7-22.10

Current through Register Vol. 55, No. 48, December 18, 2023

(a) Any participant, who is reported on other than a 12-month contract year shall continue to be insured for the regular seasonal layoff provided a bona fide employee-employer relationship exists during this period as determined by the Division of Pensions and Benefits.

(b) The salary, in the month or biweekly pay period in which no salary was paid, shall be counted as zero.

(c) Death benefits shall be based upon the base salary upon which employer contributions were made to the Alternate Benefit Program during 12 months or 26 biweekly pay periods immediately preceding death.

(d) If a member dies within the first year following the date of enrollment, the insurance benefit shall be 3 1/2 times the salary on which Alternate Benefit Program employer contributions were based on the actual months or pay periods of csreditable service.

Recodified from 17:7-22.5 by 47 N.J.R. 905(b), effective 5/4/2015.

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