New Jersey Statutes 43:15A-23. Expense fund
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Terms Used In New Jersey Statutes 43:15A-23
- State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
23. The expenses of administration of the retirement system on behalf of State employee members shall be paid by the State of New Jersey.
The administration fees hereafter paid by participating employers other than the State, shall be used to pay the expenses of administration of the retirement system on behalf of all members other than State employees.
For purposes of this section, during the term of the lottery contribution made pursuant to section 4 of P.L.2017, c.98 (C. 5:9-22.8), the expenses of the Lottery Enterprise shall not be considered to be expenses of the retirement system.
L.1954, c.84, s.23; amended 2017, c.98, s.23.