New Jersey Statutes 43:16A-17.1. Deductions for health insurance from SHBP
Current as of: 2023 | Check for updates
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Terms Used In New Jersey Statutes 43:16A-17.1
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- 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
19. If possible, whenever any beneficiary shall, in writing, request the board of trustees to make deductions from his retirement allowance or pension for the purpose of paying premiums for the pensioners’ group health insurance plan or the State Health Benefits program, the board may make such deductions and transmit the sums so deducted to the companies carrying the policies. Any such written authorization may be withdrawn by any beneficiary upon filing notice of such withdrawal with the division.
L.1964, c.241, s.19; amended 1971, c.175, s.14; 2018, c.55, s.25.