New Jersey Statutes 18A:66-7. Cessation of membership
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Terms Used In New Jersey Statutes 18A:66-7
- person: includes corporations, companies, associations, societies, firms, partnerships and joint stock companies as well as individuals, unless restricted by the context to an individual as distinguished from a corporate entity or specifically restricted to one or some of the above enumerated synonyms and, when used to designate the owner of property which may be the subject of an offense, includes this State, the United States, any other State of the United States as defined infra and any foreign country or government lawfully owning or possessing property within this State. See New Jersey Statutes 1:1-2
Membership of any person shall cease:
(a) if, except as provided in section 18A:66-8, he shall discontinue his service for more than two consecutive years;
(b) upon the withdrawal by a member of his accumulated deductions as provided in this article;
(c) upon resignation and election to receive, in lieu of the return of his accumulated deductions, the benefits provided in section 18A:66-36 and 18A:66-37;
(d) upon retirement;
(e) at death;
but not otherwise except as provided in this article.
The pension fund shall send written notice in care of the last employer of a member at least 60 days in advance of the date on which his inactive membership shall expire as provided in subsection (a) of this section.
L.1967, c.271.