New Jersey Statutes 54A:6-6. Compensation for injuries or sickness
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In New Jersey Statutes 54A:6-6
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
a. Amounts received under workmen’s compensation acts as compensation for personal injuries or sickness.
b. The amount of damages received, whether by suit or agreement, on account of personal injuries or sickness.
c. Amounts received through accident or health insurance for personal injuries or sickness.
d. Amounts received as a pension, annuity or similar allowance for personal injuries or sickness resulting from active service in the Armed Forces of the United States or in the Coast and Geodetic Survey or the Public Health Service, or as a disability annuity payable under the Foreign Service Act of 1946.
L.1976, c. 47, s. 54A:6-6, eff. July 8, 1976, operative Aug. 30, 1976.