New Jersey Administrative Code
Title 5 - COMMUNITY AFFAIRS
Chapter 37 - MUNICIPAL, COUNTY AND AUTHORITY EMPLOYEES DEFERRED COMPENSATION PLANS
Subchapter 9 - INVESTMENT POLICIES
Section 5:37-9.1 - Eligible investments
Universal Citation: NJ Admin Code 5:37-9.1
Current through Register Vol. 56, No. 6, March 18, 2024
(a) The funds deferred shall be invested in one or more of the following types of investments to the exclusion of all others:
1. Interest bearing accounts or securities, in which savings banks of New Jersey are authorized to invest their funds;
2. State of New Jersey Cash Management Fund;
3. Individual or group annuity contracts, whether fixed or variable;
4. Mutual fund shares; or
5. Life insurance contracts, whether fixed or variable.
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