New Jersey Statutes 43:16A-52. No refund or credit of waived moneys
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Terms Used In New Jersey Statutes 43:16A-52
- 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
Upon withdrawal, alteration, or revocation of such a waiver the member or beneficiary shall not be entitled to a refund, or credit, for such moneys as shall have been waived during the period such waiver has been in effect.
L.1955, c. 138, p. 626, s. 3.