2023 New Jersey Statutes 43:16A-6.1. Special disability retirement allowance
b. Upon retirement for special disability, a member shall receive a special disability retirement allowance which shall consist of:
(1) An annuity which shall be the actuarial equivalent of the member’s aggregate contributions and
(2) A pension in the amount which, when added to the member’s annuity, will provide a total retirement allowance of 50% of final compensation.
c. Upon the receipt of proper proofs of the death of a member who has retired on a special disability retirement allowance, there shall be paid to the member’s beneficiary, an amount equal to 3 1/2 times the compensation upon which contributions by the member to the annuity savings fund were based in the last year of creditable service; provided, however, that if the death shall occur after the member shall have attained 55 years of age, the amount payable shall equal one-half of the compensation instead of 3 1/2 times the compensation.
L.1989,c.103,s.1.