2023 New Jersey Statutes 53:5A-12. Death benefits
In the event of death occurring in the first year of creditable service, the benefits, payable pursuant to this subsection, shall be computed at the annual rate of compensation.
If there is no surviving spouse or child, 25% of final compensation will be payable to one surviving parent or 40% of final compensation will be payable to two surviving parents in equal shares.
b. If there is no surviving spouse, child or parent, there shall be paid to any other beneficiary of the deceased member his aggregate contributions at the time of death.
c. In no case shall the death benefit provided in subsection a. be less than that provided under subsection b.
d. In addition to the foregoing benefits payable under subsection a. or b., there shall also be paid in one sum to the member’s beneficiary, an amount equal to 3 1/2 times final compensation.
e. (Deleted by amendment, P.L.1971, c.181.)
f. (Deleted by amendment, P.L.1971, c.181.)
L.1965, c.89, s.12; amended 1966, c.153, s.4; 1971, c.181, s.10; 1980, c.55, s.2; 1985, c.355, s.2; 2019, c.305, s.2.