reglab/housing_qa huggingface dataset:
NJ Rev Stat § 43:16A-48.8 (2021)
2021 New Jersey Revised Statutes|Title 43 - Pensions and Retirement and Unemployment Compensation|Section 43:16A-48.8 - Police officers in municipalities establishing police departments; transfer of membership and contributions in retirement systems

43:16A-48.8. Police officers in municipalities establishing police departments; transfer of membership and contributions in retirement systems  Notwithstanding any other provision of law regarding the Police and Firemen's Retirement System or the Public Employees' Retirement System, when any police officer member of the Police and Firemen's Retirement System transfers his employment to a municipality which has within 1 year of the transfer first established a police department and has not at the time of the transfer adopted the Police and Firemen's Retirement System, so that the police officer is thereby required to transfer to membership in the Public Employees' Retirement System, and the municipality thereafter adopts the Police and Firemen's Retirement System and the police officer elects to transfer back to membership in that system, the full amount of the police officer's contributions and the full amount of the contributions made by the police officer's former employers shall be transferred by the Public Employees' Retirement System to the Police and Firemen's Retirement System. L.1980, c. 136, s. 1.
NJ Rev Stat § 43:16A-48.9 (2021)
2021 New Jersey Revised Statutes|Title 43 - Pensions and Retirement and Unemployment Compensation|Section 43:16A-48.9 - Police officers in municipalities establishing police departments; contributions, credits, rights and benefits

43:16A-48.9. Police officers in municipalities establishing police departments; contributions, credits, rights and benefits  When a police officer transfers back to the Police and Firemen's Retirement System under the circumstances set forth in section 1 of this act, the police officer and the employing municipality shall be required to make such contributions, on the basis of rates established by the actuary of the Police and Firemen's Retirement System, which, when added to the funds transferred pursuant to section 1 of this act and any prior contributions made by or on behalf of the transferring police officer retained by the Police and Firemen's Retirement System, will obtain for the police officer the same credits, rights and benefits of membership in the Police and Firemen's Retirement System as would have accrued had the police officer continued to be a member of that system during his entire employment as a police officer. L.1980, c. 136, s. 2.
NJ Rev Stat § 43:16A-50 (2021)
2021 New Jersey Revised Statutes|Title 43 - Pensions and Retirement and Unemployment Compensation|Section 43:16A-50 - Waiver of portion of benefits by written request

43:16A-50. Waiver of portion of benefits by written request  Any member or any beneficiary who has been or, in the future, may be retired, or receive a pension, benefit or retirement allowance, including an annuity, pursuant to the provisions of chapter 16A of Title 43 of the Revised Statutes, may, by filing written request with the board of trustees, waive payment of a portion of the pension, benefit or retirement allowance, including annuity, to which he may be entitled. L.1955, c. 138, p. 626, s. 1.
NJ Rev Stat § 43:16A-51 (2021)
2021 New Jersey Revised Statutes|Title 43 - Pensions and Retirement and Unemployment Compensation|Section 43:16A-51 - Payment of reduced benefits until waiver withdrawn or revoked by subsequent request

43:16A-51. Payment of reduced benefits until waiver withdrawn or revoked by subsequent request  Upon the receipt of such waiver, and until the same is withdrawn, altered or revoked by a subsequent written request, similarly filed, the board of trustees shall pay a reduced pension, benefit, retirement allowance or annuity as shall be requested in such waiver. L.1955, c. 138, p. 626, s. 2.
NJ Rev Stat § 43:16A-52 (2021)
2021 New Jersey Revised Statutes|Title 43 - Pensions and Retirement and Unemployment Compensation|Section 43:16A-52 - No refund or credit of waived moneys

43:16A-52. No refund or credit of waived moneys  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.
NJ Rev Stat § 43:16A-53 (2021)
2021 New Jersey Revised Statutes|Title 43 - Pensions and Retirement and Unemployment Compensation|Section 43:16A-53 - Purchase of group life insurance coverage for death benefits.

43:16A-53 Purchase of group life insurance coverage for death benefits.  20. The board of trustees is hereby authorized and permitted to purchase from one or more life insurance companies, as determined by him, a group life insurance coverage to provide for the death benefits specified in sections 5 and 6, subsection (3) of section 7, section 9, and subsection (5) of section 10 of P.L.1944, c.255 (C.43:16A-5 through C.43:16A-7, C.43:16A-9, and C.43:16A-10) and sections 16 and 17 of P.L.1964, c.241 (C.43:16A-11.1 and C.43:16A-11.2). Such group life insurance coverage may be provided under one or more policies issued to the board of trustees specifically for this purpose or, in the discretion of the board of trustees, under one or more policies issued to the board of trustees which provide group life insurance coverage for members of one or more other retirement systems of the State of New Jersey. Whenever such policy or policies of group insurance shall be in effect, the benefits payable thereunder shall be in lieu of the above mentioned death benefits provided by said sections. Any dividend or retrospective rate credit allowed by an insurance company shall be credited in an equitable manner to the special insurance funds from which premiums are paid. L.1964, c.241, s.20; amended 1967, c.250, s.18; 2018, c.55, s.28.
NJ Rev Stat § 43:16A-54 (2021)
2021 New Jersey Revised Statutes|Title 43 - Pensions and Retirement and Unemployment Compensation|Section 43:16A-54 - Qualifications of life insurance companies

43:16A-54. Qualifications of life insurance companies  Any life insurance company must meet the following requirements in order to qualify under section 1 of this act: (1) Be licensed under the laws of the State of New Jersey to transact life and accidental death insurance, and (2) The amount of its group life insurance in the State of New Jersey shall at the time said insurance is to be purchased equal at least 1% of the total amount of such group life insurance in the State of New Jersey in all life insurance companies. L.1964, c. 241, s. 21.
NJ Rev Stat § 43:16A-55 (2021)
2021 New Jersey Revised Statutes|Title 43 - Pensions and Retirement and Unemployment Compensation|Section 43:16A-55 - Purchase of group insurance coverage for death benefits.

43:16A-55 Purchase of group insurance coverage for death benefits.  22. The board of trustees may, in its discretion, determine to purchase group insurance coverage for the death benefit provisions as provided in sections 5 and 6, subsection (3) of section 7, section 9, and subsection (5) of section 10 of P.L.1944, c.255 (C.43:16A-5 through C.43:16A-7, C.43:16A-9, and C.43:16A-10) and sections 16 and 17 of P.L.1964, c.241 (C.43:16A-11.1 and C.43:16A-11.2), or may determine not to purchase any group insurance coverage for the death benefit provisions heretofore mentioned. L.1964, c.241, s.22; amended 1967, c.250, s.19; 2018, c.55, s.29.
NJ Rev Stat § 43:16A-56 (2021)
2021 New Jersey Revised Statutes|Title 43 - Pensions and Retirement and Unemployment Compensation|Section 43:16A-56 - "Group Insurance Premium Fund."

43:16A-56 "Group Insurance Premium Fund."  23. In the event the board of trustees shall determine to purchase group insurance coverage for the death benefits, premiums for the same shall be paid from a special fund, hereby created, called the "Group Insurance Premium Fund." The board of trustees shall estimate annually the amount which will be required for premiums for such benefits for the ensuing fiscal year and shall certify such amounts to the participating employers as due and owing from them. The participating employers shall pay over to the board of trustees the amount for premiums so certified and the board of trustees shall deposit these amounts in the Group Insurance Premium Fund. During the period such group insurance policy or policies are in effect with respect to members of the Police and Firemen's Retirement System of New Jersey the board of trustees shall in no way commingle moneys in this fund with any pension fund established by P.L.1944, c.255 (C.43:16A-1 et seq.). L.1964, c.241, s.23; amended 1967, c.250, s.20; 2018, c.55, s.30.
NJ Rev Stat § 43:16A-57 (2021)
2021 New Jersey Revised Statutes|Title 43 - Pensions and Retirement and Unemployment Compensation|Section 43:16A-57 - Transfer, merger of certain reserves, moneys.

43:16A-57 Transfer, merger of certain reserves, moneys.  24. All reserves and moneys held by the insurance carrier under group life insurance contracts providing for employee contributions pursuant to the provisions of P.L.1964, c.241 (C.43:16A-11.1 et al.), and any amendments and supplements thereto, shall be transferred and merged with those purchased by the board of trustees. L.1964, c.241, s.24; amended 1967, c.250, s.21; 2018, c.55, s.31.
NJ Rev Stat § 43:16A-58 (2021)
2021 New Jersey Revised Statutes|Title 43 - Pensions and Retirement and Unemployment Compensation|Section 43:16A-58 - Group policies; conversion privileges

43:16A-58. Group policies; conversion privileges  Any such group policy or policies shall include, with respect to any insurance terminating or reducing because the member has ceased to be in service or has retired, the conversion privilege available upon termination of employment as prescribed by the law relating to group life insurance; and shall also include, with respect to insurance terminating because of termination of the group policy resulting from a termination of the death benefits for all members established under sections 5, 6, 7(3), 9 and 10(5) of chapter 255 of the laws of 1944, and sections 16 and 17 of chapter 241 of the laws of 1964, the conversion privilege available upon termination of the group policy as prescribed by such law. Any such group policy or policies shall also provide that if a member dies during the 31-day period during which he would be entitled to exercise the conversion privilege, the amount of insurance with respect to which he could have exercised the conversion privilege shall be paid as a claim under the group policy. When benefits payable upon the death of a member following retirement are determined as though the member had not retired, the death benefits payable under the group policy or policies, together with the amount of insurance paid under any individual policy obtained under the conversion privilege, shall in no event exceed the amount of insurance for which the member was insured under the group policy or policies immediately prior to the date the right of conversion arose. If any member who has exercised the conversion privilege under the group policy or policies again becomes a member of the Police and Firemen's Retirement System of New Jersey, and the individual policy obtained pursuant to the conversion privilege is still in force, he shall not again be eligible for any of the death benefits provided by sections 5, 6, 7(3), 9 and 10(5) of chapter 255 of the laws of 1944, and sections 16 and 17 of chapter 241 of the laws of 1964, unless he furnishes satisfactory evidence of insurability. L.1964, c. 241, s. 25, eff. Jan. 1, 1965. Amended by L.1967, c. 250, s. 22, eff. Dec. 18, 1967.
NJ Rev Stat § 43:16A-59 (2021)
2021 New Jersey Revised Statutes|Title 43 - Pensions and Retirement and Unemployment Compensation|Section 43:16A-59 - Payment of benefits under group policies

43:16A-59. Payment of benefits under group policies  Benefits under such group policy or policies shall be paid by the insurance company to such person, if living, as the member shall have nominated by written designation duly executed and filed with the insurance company through the policyholder, otherwise to the executors or administrators of the member's estate. A member may file with the insurance company through the policyholder and alter from time to time during his lifetime, as desired, a duly attested written nomination of his payee for the death benefit. L.1964, c. 241, s. 26, eff. Jan. 1, 1967. Amended by L.1967, c. 250, s. 23, eff. Dec. 18, 1968.
NJ Rev Stat § 43:16A-60 (2021)
2021 New Jersey Revised Statutes|Title 43 - Pensions and Retirement and Unemployment Compensation|Section 43:16A-60 - Settlement arrangements

43:16A-60. Settlement arrangements  Any such group policy or policies shall provide that payment of any death benefits which are payable by the insurance company may be made in one sum directly to the beneficiary as hereinafter provided, in equal installments over a period of years or as a life annuity or in such other manner as may be made available by the insurance company. A member may make such arrangements for settlement, and may alter from time to time during his lifetime any arrangement previously made, by making written request to the insurance company through the policyholder. Upon the death of a member, a beneficiary to whom a benefit is payable in one sum by the insurance company may likewise arrange for a settlement as described above. If a member's or beneficiary's request for settlement of any death benefit in equal installments over a period of years or as a life annuity pursuant to the foregoing is approved by the policyholder, the amount of such installments or such life annuity, as the case may be, shall be determined on the basis of such applicable mortality tables and rates of interest as shall have been adopted by the retirement system and are in effect at the member's death. Any arrangement for payment under the group policy to a beneficiary shall be in lieu of that provided by sections 5, 6, 7(3), 9 and 10(5) of chapter 255 of the laws of 1944, and sections 16 and 17 of chapter 241 of the laws of 1964. L.1964, c. 241, s. 27, eff. Jan. 1, 1965. Amended by L.1967, c. 250, s. 24, eff. Dec. 18, 1967.
NJ Rev Stat § 43:16A-61 (2021)
2021 New Jersey Revised Statutes|Title 43 - Pensions and Retirement and Unemployment Compensation|Section 43:16A-61 - Credits for savings by companies

43:16A-61. Credits for savings by companies  Notwithstanding any other provision of law, any insurance company or companies issuing such policy or policies may credit the policyholder, in the form of reduced premiums, with savings by said company or companies in the event that no brokerage commission or commissions are paid by said company or companies on the issuance of such policy or policies. L.1964, c. 241, s. 28, eff. Jan. 1, 1965.
NJ Rev Stat § 43:16A-62 (2021)
2021 New Jersey Revised Statutes|Title 43 - Pensions and Retirement and Unemployment Compensation|Section 43:16A-62 - State firemen and police; membership

43:16A-62. State firemen and police; membership  Eligibility for membership in the Police and Firemen's Retirement System of New Jersey shall be extended to all active, permanent and full-time officer employees of the State of New Jersey with police powers and holding one of the titles cited in section 1 of P.L.1944, c. 255 (C. 43:16A-1) who are otherwise eligible in accordance with the provisions of this act. L.1973, c. 156, s. 3, eff. June 1, 1973.
NJ Rev Stat § 43:16A-62.1 (2021)
2021 New Jersey Revised Statutes|Title 43 - Pensions and Retirement and Unemployment Compensation|Section 43:16A-62.1 - Industrial trade instructors and identification officers; Essex County; transfer of membership; membership as requirement for employment

43:16A-62.1. Industrial trade instructors and identification officers; Essex County; transfer of membership; membership as requirement for employment  a. Any officer eligible to become a member pursuant to the amendatory provisions of this act who is enrolled in the Public Employees' Retirement System or the county pension fund created under P.L.1943, c. 160 (C. 43:10-18.1 et seq.), shall be permitted to transfer his membership from the aforementioned system or fund to the Police and Firemen's Retirement System of New Jersey in accordance with the provisions of P.L.1973, c. 156 (C. 43:16A-62 et seq.). Whenever in P.L.1973, c. 156 a period of time is set which is to be calculated from the effective date of said act, such time shall be calculated from the effective date of this amendatory and supplementary act for the purposes hereof. b. Each new officer who begins employment following the effective date of the amendatory and supplementary act, shall be required to enroll in the Police and Firemen's Retirement System of New Jersey as a condition of employment, provided he is otherwise eligible for membership by meeting the appointment, age, and health requirements prescribed of all members. As of the effective date of the amendatory and supplementary act, the eligibility for membership of such new officers in the Public Employees' Retirement System shall be terminated and membership requirements of such other system will be deemed satisfied by enrollment of such employees in the Police and Firemen's Retirement System. L.1977, c. 207, s. 2, eff. Sept. 6, 1977.
NJ Rev Stat § 43:16A-62.2 (2021)
2021 New Jersey Revised Statutes|Title 43 - Pensions and Retirement and Unemployment Compensation|Section 43:16A-62.2 - Transfer to police and firemen's retirement system; employment requirement of new officer

43:16A-62.2. Transfer to police and firemen's retirement system; employment requirement of new officer  a. Any officer eligible to become a member pursuant to the amendatory provisions of this act who is enrolled in the Public Employees' Retirement System (P.L.1954, c. 84, C. 43:15A-1 et seq.) or any county pension fund established under Title 43 of the Revised Statutes shall be permitted to transfer membership from the aforesaid system or fund to the Police and Firemen's Retirement System of New Jersey in accordance with the provisions of P.L.1973, c. 156 (C. 43:16A-62 et seq.). Whenever in P.L.1973, c. 156 a period of time is set which is to be calculated from the effective date of said act, such time shall be calculated from the effective date of this amendatory and supplementary act for the purposes hereof. b. Each new officer who begins employment following the effective date of this act, shall be required to enroll in the Police and Firemen's Retirement System of New Jersey as a condition of employment, provided he is otherwise eligible for membership by meeting appointment, age, and health requirements prescribed of all members. As of the effective date of this act, eligibility for membership of such new officers in the Public Employees' Retirement System shall be terminated and membership requirements of such other system will be deemed satisfied by enrollment of such employees in the Police and Firemen's Retirement System. L.1980, c. 84, s. 2, eff. Aug. 21, 1980.
NJ Rev Stat § 43:16A-63 (2021)
2021 New Jersey Revised Statutes|Title 43 - Pensions and Retirement and Unemployment Compensation|Section 43:16A-63 - Transfer of membership to PFRS under certain circumstances.

43:16A-63 Transfer of membership to PFRS under certain circumstances.  4. a. An eligible officer who is a member of the Public Employees' Retirement System or of a county pension fund created under P.L.1943, c. 160 (C.43:10-18.1 et seq.), or P.L.1948, c. 310 (C.43:10-18.50 et seq.) or article 2 of chapter 10 of Title 43 of the Revised Statutes (R.S.43:10-19 et seq.), hereinafter referred to as a "county pension fund" shall be permitted to transfer his membership in said fund to the Police and Firemen's Retirement System of New Jersey by waiving all rights and benefits which would otherwise be provided by the Public Employees' Retirement System or a county pension fund. Any such officer will likewise be permitted to continue his membership in the Public Employees' Retirement System or a county pension fund by waiving all rights and benefits which would otherwise be provided by the Police and Firemen's Retirement System. Such waivers shall be accomplished by filing forms satisfactory to the board of trustees, which is responsible for the administration of the Police and Firemen's Retirement System, within 90 days of the effective date of this 1975 amendatory and supplementary act. In the absence of the filing of a timely waiver by any eligible officer his pension status shall remain unchanged and his membership shall not be transferred to the Police and Firemen's Retirement System. b. Each new officer who begins employment following the effective date of this 1975 amendatory and supplementary act, shall be required to enroll in the Police and Firemen's Retirement System of New Jersey as a condition of employment, provided he is otherwise eligible for membership by meeting the appointment, age, and health prescriptions required of all members. As of the effective date of this 1975 amendatory and supplementary act, the eligibility of membership for such new officers in the Public Employees' Retirement System or a county pension fund named in paragraph a. above shall be terminated and the membership requirements of such other fund will be deemed satisfied by the enrollment of such employees in the Police and Firemen's Retirement System. L.1973, c.156, s.4; amended 1975, c.303, s.1; 2018, c.55, s.33.
NJ Rev Stat § 43:16A-64 (2021)
2021 New Jersey Revised Statutes|Title 43 - Pensions and Retirement and Unemployment Compensation|Section 43:16A-64 - Transfer of funds and credits from public employees' retirement system or county pension fund

43:16A-64. Transfer of funds and credits from public employees' retirement system or county pension fund  Within 120 days following the effective date of this 1975 amendatory and supplementary act the Public Employees' Retirement System or a county pension fund shall remit to the Police and Firemen's Retirement System of New Jersey all accumulated deductions standing to the credit of each transferred employee as members of such funds, and within 180 days following the effective date of this 1975 amendatory and supplementary act remit the pro rata part of the reserve fund constituting the employer's obligations under the former system applicable to such employee's account, and the Police and Firemen's Retirement System shall then enter the respective sums so remitted to it to the credit of such employee in the Annuity Savings Fund and to the credit of the employer in the Pension Accumulation Fund of the Police and Firemen's Retirement System of New Jersey. L.1973, c. 156, s. 5, eff. June 1, 1973. Amended by L.1975, c. 303, s. 2, eff. Feb. 2, 1976.