§ 43:3C-1 Pensioners in public employment
§ 43:3C-2 Repeal
§ 43:3C-3 Reemployment in elected public office; option for benefits
§ 43:3C-4 Depository institution defined
§ 43:3C-5 Agreement for direct deposit of monthly payment for retirant or beneficiary
§ 43:3C-6 Retirant, defined
§ 43:3C-7 Minimum retirement allowance
§ 43:3C-8 Rules and regulations
§ 43:3C-9 Employer pickup of employee contributions
§ 43:3C-9.1 Corpus, income of retirement systems, restrictions on use, diversions
§ 43:3C-9.2 Limitations on contributions, benefits
§ 43:3C-9.3 TPAF, JRS, PERS, PFRS, SPRS compensation limitation not to be exceeded
§ 43:3C-9.4 Alternate Benefit Program, Defined Contribution Retirement Program, compensation limitation not to be exceeded
§ 43:3C-9.5 “Non-forfeitable right to receive benefits.”
§ 43:3C-9.6 Accrued benefits, rights of members
§ 43:3C-10 Approval of change in retirement or deferred compensation plan by State Treasurer
§ 43:3C-11 Benefits of present, future retirees unaffected
§ 43:3C-12 Investigation of certain increases in annual compensation for members of retirement systems
§ 43:3C-13 Use of actuarial standards for retirement systems; disclosure, certain
§ 43:3C-14 State contributions
§ 43:3C-15 State-administered pension systems, requirements for employers
§ 43:3C-16 “Target funded ratio.”
§ 43:3C-17 Utilization of super conciliator
§ 43:3C-18 Qualified governmental defined benefit plans
§ 43:3C-19 Member fully vested in accumulated contributions
§ 43:3C-20 Administration in accordance with rollover requirements
§ 43:3C-21 Qualified military service
§ 43:3C-22 Prohibited transactions
§ 43:3C-23 Participation in qualified group trust
§ 43:3C-24 Funding, payment of other post-employment benefits
§ 43:3C-25 Notification of change of beneficiary
§ 43:3C-26 Adoption of uniform method to conduct, report regular stress test analyses of State-administered retirement systems
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Terms Used In New Jersey Statutes > Title 43 > Chapter 3C - Pensioners in Public Employment

  • Affirmed: In the practice of the appellate courts, the decree or order is declared valid and will stand as rendered in the lower court.
  • Amortization: Paying off a loan by regular installments.
  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Baseline: Projection of the receipts, outlays, and other budget amounts that would ensue in the future without any change in existing policy. Baseline projections are used to gauge the extent to which proposed legislation, if enacted into law, would alter current spending and revenue levels.
  • 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
  • Contract: A legal written agreement that becomes binding when signed.
  • Dependent: A person dependent for support upon another.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • person: includes corporations, companies, associations, societies, firms, partnerships and joint stock companies as well as individuals, unless restricted by the context to an individual as distinguished from a corporate entity or specifically restricted to one or some of the above enumerated synonyms and, when used to designate the owner of property which may be the subject of an offense, includes this State, the United States, any other State of the United States as defined infra and any foreign country or government lawfully owning or possessing property within this State. See New Jersey Statutes 1:1-2
  • Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • 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
  • Statute: A law passed by a legislature.
  • Testify: Answer questions in court.
  • Trust account: A general term that covers all types of accounts in a trust department, such as estates, guardianships, and agencies. Source: OCC
  • Trustee: A person or institution holding and administering property in trust.