reglab/housing_qa huggingface dataset:
NJ Rev Stat § 52:18A-90.1 (2021)
2021 New Jersey Revised Statutes|Title 52 - State Government, Departments and Officers|Section 52:18A-90.1 - Common trust fund

52:18A-90.1. Common trust fund  Notwithstanding any statute or rule of law to the contrary, the Director of the Division of Investment may, subject to the approval of the State Investment Council and the State Treasurer, establish, maintain and operate one or more common trust funds, in which may be combined for the purpose of investment, money and property belonging to the various funds in the custody of the State Treasurer; provided, however, that there shall not be combined in any common trust fund, excepting the State of New Jersey Cash Management Fund established pursuant to section 1 of this amendatory and supplementary act, moneys and property of any fund the income of which inures to the benefit of the General State Fund and money and property of any fund the income of which inures to the benefit of said fund. L.1970, c. 270, s. 1, eff. Nov. 4, 1970. Amended by L.1977, c. 281, s. 2, eff. Nov. 2, 1977.
NJ Rev Stat § 52:18A-90.2 (2021)
2021 New Jersey Revised Statutes|Title 52 - State Government, Departments and Officers|Section 52:18A-90.2 - Record of capital contributions of participating funds with income inuring to benefit of general state fund

52:18A-90.2. Record of capital contributions of participating funds with income inuring to benefit of general state fund  In any common trust fund where the income of the participating funds inures to the benefit of the General State Fund, the participating capital contributions of said funds shall be evidenced by appropriate entries on records maintained by the Bureau of Accounting in the Division of Budget and Accounting, Department of the Treasury. L.1970, c. 270, s. 2, eff. Nov. 4, 1970.
NJ Rev Stat § 52:18A-90.3 (2021)
2021 New Jersey Revised Statutes|Title 52 - State Government, Departments and Officers|Section 52:18A-90.3 - Certificates of ownership in common trust fund; distributions

52:18A-90.3. Certificates of ownership in common trust fund; distributions  In any common trust fund where the income of the participating funds inures to the benefit of the participating funds, ownership in the common trust fund shall be delineated by units which shall be evidenced by certificates issued by the Director of the Division of Investment. Any and all interest and cash dividends received by such common trust fund shall be distributed monthly to the participating funds in the proportion of the number of units owned by each such fund. The State Investment Council may, from time to time, designate as income to the participating funds, such amounts of the realized appreciation of principal to the common trust fund as it may deem prudent. Such income shall be distributed to the participating funds in the proportion of the number of units owned by each fund. The valuation of each unit in the common trust fund shall be determined in a manner to be established by regulation of the State Investment Council. L.1970, c. 270, s. 3, eff. Nov. 4, 1970.
NJ Rev Stat § 52:18A-90.4a (2021)
2021 New Jersey Revised Statutes|Title 52 - State Government, Departments and Officers|Section 52:18A-90.4a - Definitions used in C.52:18A-90.4.

52:18A-90.4a Definitions used in C.52:18A-90.4.  4. As used in section 1 of P.L.1977, c.281 (C.52:18A-90.4): "Branch office" means an office at a fixed location other than a principal office, however designated, at which any business that may be conducted in a principal office of a bank may be transacted. "Clearinghouse" means an association of banks or other payors regularly settling mutual claims, accounts and other items such as securities, payments and income. "Custodian," "primary custodian," "fiscal agent" and "primary fiscal agent" means a bank which is selected by the State Treasurer to perform fiduciary functions in the maintenance of public trust funds and assets. "Depository" means a separately incorporated bank or association of banks which serves as a temporary trustee for securities on behalf of a custodian, sub-custodian, fiscal agent or sub-fiscal agent. "Principal office" means the headquarters of a bank which is its principal place of business. "Sub-custodian" or "sub-fiscal agent" means a bank, located in any state or country, to which a primary custodian or primary fiscal agent may delegate its duties and responsibilities. L.2001,c.286,s.4.
NJ Rev Stat § 52:18A-92 (2021)
2021 New Jersey Revised Statutes|Title 52 - State Government, Departments and Officers|Section 52:18A-92 - Report of operations of Division of Investment

52:18A-92. Report of operations of Division of Investment  Not later than fifteen days after the close of each month, the Director of the Division of Investment shall cause to be prepared and make available to the State Treasurer, the State Investment Council, the press and the public, a report of the operations of the Division of Investment during said month. Each report shall include a detailed summary of investment, reinvestment, purchase, sale or exchange transactions, setting forth, among other things, the investments bought, sold and exchanged, the dates thereof, the prices paid and obtained, the names of the dealers involved, and a statement of the funds or accounts referred to herein. L.1950, c. 270, p. 924, s. 14.
NJ Rev Stat § 52:18A-93 (2021)
2021 New Jersey Revised Statutes|Title 52 - State Government, Departments and Officers|Section 52:18A-93 - Bond of Director

52:18A-93. Bond of Director  Before entering upon his duties, the Director of the Division of Investment established hereunder shall give bond conditioned upon the faithful performance of his duties. The bond of the director shall be approved by the Attorney-General and shall be in a sum not less than one hundred thousand dollars ($100,000.00). L.1950, c. 270, p. 925, s. 15.
NJ Rev Stat § 52:18A-94 (2021)
2021 New Jersey Revised Statutes|Title 52 - State Government, Departments and Officers|Section 52:18A-94 - Inconsistent laws

52:18A-94. Inconsistent laws  To the extent that the provisions of this act are inconsistent with the provisions of any other law, the provisions of this act shall be controlling. L.1950, c. 270, p. 925, s. 16.
NJ Rev Stat § 52:18A-95 (2021)
2021 New Jersey Revised Statutes|Title 52 - State Government, Departments and Officers|Section 52:18A-95 - Division of Pensions established

52:18A-95. Division of Pensions established  There is hereby created and established within the Department of the Treasury a Division of Pensions. L.1955, c. 70, p. 233, s. 1.
NJ Rev Stat § 52:18A-95.1 (2021)
2021 New Jersey Revised Statutes|Title 52 - State Government, Departments and Officers|Section 52:18A-95.1 - Division of Pensions renamed Division of Pensions and Benefits

52:18A-95.1. Division of Pensions renamed Division of Pensions and Benefits  36. The Division of Pensions in the Department of the Treasury, created and established by P.L.1955, c.70 (C.52:18A-95 et seq.), shall be known and be referred to as the Division of Pensions and Benefits. Any reference in a law, rule, regulation, judicial or administrative proceeding, or otherwise to the Division of Pensions shall mean and refer to the Division of Pensions and Benefits.  L.1992,c.41,s.36.
NJ Rev Stat § 52:18A-96 (2021)
2021 New Jersey Revised Statutes|Title 52 - State Government, Departments and Officers|Section 52:18A-96 - Transfer of agencies and their functions, powers, duties, equipment and records--exceptions

52:18A-96. Transfer of agencies and their functions, powers, duties, equipment and records--exceptions  The following agencies, namely the Board of Trustees of the Public Employees' Retirement System, the Prison Officers' Pension Commission, the Board of Trustees of the Teachers' Pension and Annuity Fund, the Board of Trustees of the Alcoholic Beverage Law Enforcement Officers' Pension Fund, the Board of Trustees of the Police and Firemen's Retirement System of New Jersey, and the Consolidated Police and Firemen's Pension Fund Commission, and all of their respective present functions, powers, duties, equipment and records, excepting, however, documents, records and equipment relating to their respective investments which documents, records and equipment shall remain in the Division of Investment of the Department of the Treasury, are hereby transferred to the Division of Pensions created and established hereunder in the Department of the Treasury. L.1955, c. 70, p. 233, s. 2.
NJ Rev Stat § 52:18A-97 (2021)
2021 New Jersey Revised Statutes|Title 52 - State Government, Departments and Officers|Section 52:18A-97 - Powers and duties of enumerated agencies continued

52:18A-97. Powers and duties of enumerated agencies continued  Except as is otherwise provided in this act, and in chapter 270 of the laws of 1950, as amended and supplemented; (1) each of the respective agencies enumerated in section 2 hereof shall continue to have all of the powers and shall exercise all of the functions and duties vested in, or imposed upon it by existing law; (2) this act shall not affect the terms of office of the present members of such agencies; and (3) such agencies shall continue to be constituted as provided by existing law. L.1955, c. 70, p. 234, s. 3.
NJ Rev Stat § 52:18A-98 (2021)
2021 New Jersey Revised Statutes|Title 52 - State Government, Departments and Officers|Section 52:18A-98 - Authority to appoint, employ or remove personnel

52:18A-98. Authority to appoint, employ or remove personnel  The authority, vested pursuant to any law in any of the respective agencies, to appoint, employ or remove administrative, clerical or any other personnel, is hereby transferred to and vested in the State Treasurer. The State Treasurer shall fix the compensation and duties of persons appointed or employed by him. L.1955, c. 70, p. 234, s. 4. Amended by L.1970, c. 57, s. 19, eff. May 18, 1970.
NJ Rev Stat § 52:18A-99 (2021)
2021 New Jersey Revised Statutes|Title 52 - State Government, Departments and Officers|Section 52:18A-99 - Director; appointment and qualifications; tenure and salary

52:18A-99. Director; appointment and qualifications; tenure and salary  The Division of Pensions established hereunder shall be headed, directed and supervised by a director, who shall be a person qualified by training and experience to direct the work of such division. The director of such division shall be appointed by the Governor, with the advice and consent of the Senate, and shall serve during the term of the Governor appointing him, and until the director's successor is appointed and has qualified. The Director of the Division of Pensions shall receive such salary as shall be provided by law. L.1955, c. 70, p. 234, s. 5.
NJ Rev Stat § 52:18A-100 (2021)
2021 New Jersey Revised Statutes|Title 52 - State Government, Departments and Officers|Section 52:18A-100 - Functions, powers, duties of Director of Division of Investment not affected

52:18A-100. Functions, powers, duties of Director of Division of Investment not affected  Nothing in this act shall be construed or deemed to change, vary, or modify the provisions of chapter 270 of the laws of 1950, as amended and supplemented, vesting in the Director of the Division of Investment of the Department of the Treasury, the functions, powers and duties of the agencies enumerated in section 2 hereof, or relating to, investment or reinvestment of moneys of, and purchase, sale or exchange of any investments or securities of or for any funds or accounts under the control and management of such agencies, which functions, powers and duties aforementioned shall continue to be exercised by said Director of the Division of Investment. L.1955, c. 70, p. 234, s. 6.
NJ Rev Stat § 52:18A-101 (2021)
2021 New Jersey Revised Statutes|Title 52 - State Government, Departments and Officers|Section 52:18A-101 - Personal rights not affected

52:18A-101. Personal rights not affected  Nothing in this act shall be construed to deprive any person of any tenure rights or of any right or protection provided him or her by Title 11 of the Revised Statutes, or under any pension law or retirement system. L.1955, c. 70, p. 235, s. 7.
NJ Rev Stat § 52:18A-102 (2021)
2021 New Jersey Revised Statutes|Title 52 - State Government, Departments and Officers|Section 52:18A-102 - Repealer

52:18A-102. Repealer  Section 14 of chapter 92 of the laws of 1948 is hereby repealed. L.1955, c. 70, p. 235, s. 8.
NJ Rev Stat § 52:18A-103 (2021)
2021 New Jersey Revised Statutes|Title 52 - State Government, Departments and Officers|Section 52:18A-103 - Repealer

52:18A-103. Repealer  Section 15 of chapter 92 of the laws of 1948 is hereby repealed. L.1955, c. 70, p. 235, s. 9.
NJ Rev Stat § 52:18A-104 (2021)
2021 New Jersey Revised Statutes|Title 52 - State Government, Departments and Officers|Section 52:18A-104 - Inconsistent acts

52:18A-104. Inconsistent acts  Any act or acts or portion of any act or acts inconsistent with the terms and provisions of this act, are hereby repealed. L.1955, c. 70, p. 235, s. 10.
NJ Rev Stat § 52:18A-105 (2021)
2021 New Jersey Revised Statutes|Title 52 - State Government, Departments and Officers|Section 52:18A-105 - Affixing voucher signatures by machine

52:18A-105. Affixing voucher signatures by machine  Persons designated by chapter 13 of Title 18 of the Revised Statutes, chapter 37 of the laws of 1955, chapters 7 and 16 of Title 43 of the Revised Statutes, chapter 255 of the laws of 1944, chapter 423 of the laws of 1953 and chapter 84 of the laws of 1954, to sign vouchers for the payment of moneys from pension funds established pursuant to said statutes may delegate to the respective secretaries of said pension funds the authority to affix the signatures of such designated persons by means of a machine. Such delegation shall be in writing and filed with the Secretary of State. L.1956, c. 63, p. 138, s. 1, eff. June 1, 1956.
NJ Rev Stat § 52:18A-106 (2021)
2021 New Jersey Revised Statutes|Title 52 - State Government, Departments and Officers|Section 52:18A-106 - Bond

52:18A-106. Bond  The secretary of each of said pension funds shall enter into bond with 2 or more sureties, to be approved by the State Treasurer, in the sum of $100,000.00 payable to the pension fund of which he is the secretary, conditioned for the faithful performance of his official duties. Such bond shall be filed in the office of the Secretary of State. L.1956, c. 63, p. 138, s. 2.
NJ Rev Stat § 52:18A-107 (2021)
2021 New Jersey Revised Statutes|Title 52 - State Government, Departments and Officers|Section 52:18A-107 - Purpose of act

52:18A-107. Purpose of act  The purpose of this act is to enable active members of the several State administered retirement systems to make voluntary additional contributions to provide annuities to supplement their retirement allowances provided by such systems. L.1963, c. 123, s. 1, eff. July 1, 1963.
NJ Rev Stat § 52:18A-108 (2021)
2021 New Jersey Revised Statutes|Title 52 - State Government, Departments and Officers|Section 52:18A-108 - Definitions.

52:18A-108 Definitions.  2. As used in this act: a. "Fiscal year" means any year commencing on July 1 and ending on June 30 next following. b. "Participant" means (1) for the purposes of the Supplemental Annuity Collective Trust under section 4 of P.L.1965, c.90 (C.52:18A-113.1), any member of a State administered retirement system, who has elected to make voluntary additional contributions to the Supplemental Annuity Collective Trust, or for whom an employer has agreed to purchase an annuity from the Supplemental Annuity Collective Trust as hereinafter provided; or (2) for the purposes of the Additional Contributions Tax-Sheltered Program under section 1 of P.L.1995, c.92 (C.52:18A-113.2), means any employee of the Department of Education, the Commission on Higher Education, the governing body of any public institution of education, or any public school, as defined in N.J.S.18A:1-1, regularly scheduled to work 20 or more hours per week who has elected to make voluntary additional contributions to the Supplemental Annuity Collective Trust, or for whom an employer has agreed to purchase an annuity from the Supplemental Annuity Collective Trust as hereinafter provided. An employee regularly works less than 20 hours per week if, for the 12-month period beginning on the date the employee's employment commenced, the employee's employer reasonably expects the employee to work fewer than 1,000 hours of service, as defined under section 410(a)(3)(C) of the Internal Revenue Code of 1986 (26 U.S.C. s.410(a)(3)(C)), as amended, and, for each plan year ending after the close of that 12-month period, the employee has worked fewer than 1,000 hours of service. c. "State administered retirement system" means any of the following retirement plans: Public Employees' Retirement System of New Jersey established pursuant to chapter 84, P.L.1954; Teachers' Pension and Annuity Fund established pursuant to chapter 37, P.L.1955; Police and Firemen's Retirement System of New Jersey established pursuant to chapter 255, P.L.1944; Consolidated Police and Firemen's Pension Fund established pursuant to chapter 358, P.L.1952; Prison Officers' Pension Fund established pursuant to chapter 220, P.L.1941; and State Police Retirement and Benevolent Fund established pursuant to chapter 188, P.L.1925. L.1963, c.123, s.2; amended 1965, c.90, s.1; amended 2011, c.78, s.68.
NJ Rev Stat § 52:18A-109 (2021)
2021 New Jersey Revised Statutes|Title 52 - State Government, Departments and Officers|Section 52:18A-109 - Supplementary annuity program; establishment; contributions

52:18A-109. Supplementary annuity program; establishment; contributions  Each State administered retirement system shall establish, as a part thereof, a supplementary annuity program under which it will receive voluntary contributions from its members, which shall be in addition to any contributions required of them by that retirement system, for the purpose of providing annuities to supplement their retirement allowances. Each such State administered retirement system shall, upon receipt of such contributions, place the same in the Supplemental Annuity Collective Trust, hereinafter described. L.1963, c. 123, s. 3.
NJ Rev Stat § 52:18A-110 (2021)
2021 New Jersey Revised Statutes|Title 52 - State Government, Departments and Officers|Section 52:18A-110 - Supplemental annuity collective trust; establishment; duties; divisions

52:18A-110. Supplemental annuity collective trust; establishment; duties; divisions  There is hereby established in the Department of the Treasury the Supplemental Annuity Collective Trust of New Jersey, which shall accept amounts received for supplemental annuities from the State administered retirement systems and combine the same for purposes of this act. The Supplemental Annuity Collective Trust shall also accept amounts paid by employers for the purchase of annuities on behalf of employees as hereinafter provided. The funds paid by employers to purchase annuities for their employees shall be accounted for separately from other funds received by the Supplemental Annuity Collective Trust. The Supplemental Annuity Collective Trust hereby established shall consist of a Variable Division and a Fixed Division. L.1963, c. 123, s. 4. Amended by L.1965, c. 90, s. 2.
NJ Rev Stat § 52:18A-111 (2021)
2021 New Jersey Revised Statutes|Title 52 - State Government, Departments and Officers|Section 52:18A-111 - Supplemental Annuity Collective Trust

52:18A-111. Supplemental Annuity Collective Trust  In order to facilitate the administration of the supplemental annuity programs of the State administered retirement systems, the State administered retirement systems shall vest the general responsibility for control and management of their supplemental annuity programs in the Supplemental Annuity Collective Trust under the direction of a council consisting of the State Treasurer, who shall be the chairman, the Commissioner of the Department of Insurance, and the State Budget Director. In the event of a vacancy in one of the above enumerated offices, the official assuming the responsibility of that office shall act as a member of the council.  The Director of the Division of Pensions shall be the secretary of the council. The administration of the programs shall be performed by the personnel of the Division of Pensions and the costs of administration shall be borne by the State.  The Attorney General shall be the legal advisor of the council.  The council shall retain the services of an actuary. The actuary shall make an actuarial review of the Supplemental Annuity Collective Trust at least once in every three-year period and at such other times as the council, in its discretion, shall deem advisable.  The council shall promulgate such rules and regulations, not inconsistent with the provisions of this act, as it shall deem necessary for the effective operation of the trust.  The council shall publish annually a report of its operations and the financial condition of the Supplemental Annuity Collective Trust. It shall also give each participant who has not commenced to receive annuity payments an annual statement of his account.  The council shall not commingle the assets of the Variable Division and the assets of the Fixed Division.  The records of the Supplemental Annuity Collective Trust shall be subject to audit by the State Auditor.  L. 1963,c.123, s.5; amended by L. 1987,c.330,s.2.
NJ Rev Stat § 52:18A-112 (2021)
2021 New Jersey Revised Statutes|Title 52 - State Government, Departments and Officers|Section 52:18A-112 - Participation; application for enrollment.

52:18A-112 Participation; application for enrollment.  6. A member of a State administered retirement system or an employee of a board of education, as defined in N.J.S.18A:1-1, regularly scheduled to work 20 or more hours per week may become a participant by filing an application for enrollment in either the Variable Division or the Fixed Division, or both, in accordance with rules and regulations established by the council. An employee regularly works less than 20 hours per week if, for the 12-month period beginning on the date the employee's employment commenced, the employee's employer reasonably expects the employee to work fewer than 1,000 hours of service, as defined under section 410(a)(3)(C) of the Internal Revenue Code of 1986 (26 U.S.C. s.410(a)(3)(C)), and, for each plan year ending after the close of that 12-month period, the employee has worked fewer than 1,000 hours of service. L.1963, c.123, s.6; amended 2011, c.78, s.69.
NJ Rev Stat § 52:18A-113 (2021)
2021 New Jersey Revised Statutes|Title 52 - State Government, Departments and Officers|Section 52:18A-113 - Contributions.

52:18A-113 Contributions.  7. Contributions by a participant shall be made through payroll deductions of integral dollar amounts not in excess of the maximum contribution amount permitted under the federal Internal Revenue Code of 1986, as amended. Participants who are making contributions through payroll deductions may also make lump-sum contributions by direct payments in integral dollar amounts of not less than $50.00, provided, however, that the total contributions for any one year may not exceed the maximum contribution amount permitted by federal law. Contributions by a participant shall cease upon retirement, death, or upon termination of membership in a State administered retirement system. L.1963,c.123,s.7; amended 1965, c.90, s.3; 2005, c.256,s.1.