reglab/housing_qa huggingface dataset:
NJ Rev Stat § 18A:66-51 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:66-51 - Allowances exempt from taxes; assignment of group insurance policy rights and benefits

18A:66-51. Allowances exempt from taxes; assignment of group insurance policy rights and benefits  The right of a person to a pension, an annuity, or a retirement allowance, to the return of contributions, any benefit or right accrued or accruing to a person under the provisions of this article, and the moneys in the various funds created under this article, shall be exempt from any State or municipal tax and from levy and sale, garnishment, attachment or any other process arising out of any State of Federal court, and, except as hereafter in this section and as in this article otherwise provided, shall be unassignable. Nothing in this section shall prohibit any person insured under a group insurance policy, pursuant to an arrangement among the insured, the group policyholder and the insurer, from making to any person other than his employer, a gift assignment of the rights and benefits conferred on him by any provision of such policy or by law including specifically but not by way of limitation the right to exercise the conversion privilege and the right to name a beneficiary. Any such assignment, whether made before or after the effective date of this act, shall entitle the insurer to deal with the assignee as the owner of all rights and benefits conferred on the insured under the policy in accordance with the terms of the assignment. L.1967, c.271; amended by L.1969, c. 98, s. 1, eff. June 26, 1969.
NJ Rev Stat § 18A:66-52 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:66-52 - Veterans not covered under R.S. 43:4-1.3

18A:66-52. Veterans not covered under R.S. 43:4-1.3  No veteran eligible for membership in the teachers' pension and annuity fund shall be eligible for, or receive, retirement benefits under sections 43:4-1, 43:4-2 and 43:4-3 of the Revised Statutes. L.1967, c.271.
NJ Rev Stat § 18A:66-53.1 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:66-53.1 - Beneficiary of member or retirant; designation; change; payments; options

18A:66-53.1. Beneficiary of member or retirant; designation; change; payments; options  The designation of beneficiary by a member or retirant shall be made in writing on a form satisfactory to the retirement system, and filed with the retirement system. The member or retirant may, from time to time and without the consent of his death benefit designee, change the beneficiary by filing written notice of the change with the system on a form satisfactory to it. The new nomination will be effective on the date the notice, in proper form, is received by the system, and any prior nomination shall thereupon become void. If more than one beneficiary is nominated and in such nomination the member or retirant has failed to specify their respective interests, the beneficiaries shall share equally. If any beneficiary predeceases the member or retirant, the interest of such beneficiary shall terminate and shall be shared equally by such of the beneficiaries as survive the member or retirant, unless the member or retirant has made written request to the contrary in his beneficiary nomination. Any amounts due for which there is no beneficiary at the death of a member, retirant or beneficiary shall be payable to the estate of such member, retirant or beneficiary. Except with regard to the payment of the member's accumulated deductions with regular interest and the payment, upon the death of (1) a retirant after attaining the age of 60 or receiving an allowance pursuant to section 18A:66-37, or (2) a member after attaining the age of 70 years, of the death benefits provided in sections 18A:66-36, 18A:66-37, 18A:66-41, 18A:66-42, and 18A:66-44, a member may elect, by making written request to the retirement system, that the whole or any part of his death benefits be made payable to his beneficiary either as a life annuity or in equal installments over a period of years specified in such election, and may alter such election from time to time during his lifetime by again making such written request. In the event of a change of beneficiary, any previous arrangement by the member or retirant under this paragraph shall be void. The election set forth in this paragraph shall not apply or be available when the beneficiary is an estate, or a corporation, partnership, association, institution, trustee or any fiduciary. If, at the member's or retirant's death, an amount of death benefit would be payable to the beneficiary in a single sum, any election with regard to such amount which was available to the member or retirant immediately prior to his death in accordance with the provisions of the immediately preceding paragraph shall then be available to such beneficiary for the benefit of such beneficiary. L.1967, c.271; amended by L.1971, c. 121, s. 27, eff. April 29, 1971; L.1984, c. 132, s. 4, eff. Aug. 23, 1984.
NJ Rev Stat § 18A:66-53.3 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:66-53.3 - Limitation on additional death benefit coverage

18A:66-53.3. Limitation on additional death benefit coverage  No member who enrolls on or after July 1, 1971 for the additional death benefit coverage provided by section 18A:66-53 shall be eligible for the benefits described in subsections f. and g. of the said section if such member retires with less than 10 years of participation in the program. L.1971, c. 121, s. 41, eff. April 29, 1971.
NJ Rev Stat § 18A:66-54 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:66-54 - Deductions from retirement allowance for TPAF members.

18A:66-54 Deductions from retirement allowance for TPAF members.  18A:66-54. If possible, whenever any beneficiary of the teachers' pension and annuity fund shall, in writing, request the Division of Pensions and Benefits to make deductions from the beneficiary's retirement allowance or pension for the payment of premiums for the pensioners' group health or dental insurance plan or the State Health Benefits Program, the division may make such deductions and transmit the sum 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. Deductions for the payment of the premiums for a group dental insurance plan shall be made by the division only if 1,000 or more beneficiaries covered by that plan have made written requests for deductions. L.1967, c.271; amended 1971, c.121, s.29; 1997, c.332, s.1.
NJ Rev Stat § 18A:66-55 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:66-55 - Powers and privileges of a public corporation

18A:66-55. Powers and privileges of a public corporation  The teachers' pension and annuity fund shall for purposes of this article possess the powers and privileges of a public corporation, and any real property held by it as an investment and occupied by the state or any agency thereof shall be deemed for all purposes to be equivalent to and to have the same status as real property owned by the state. L.1967, c.271.
NJ Rev Stat § 18A:66-56.1 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:66-56.1 - Board of trustees, terms staggered

18A:66-56.1. Board of trustees, terms staggered  1. Notwithstanding the provisions of N.J.S.18A:66-56 and in order to effect the staggering of the terms of the members of the board of trustees of the retirement system elected from the groups defined in the regulations of the retirement system, the terms of those members shall be as follows: a. the member elected from Group A for a term commencing January 1, 1997, shall serve a term of three years; b. the member elected from Group C for a term commencing January 1, 1997, shall serve a term of two years; c. the member elected from Group B for a term commencing on January 1, 1998, shall serve a term of three years. Members elected thereafter shall serve three-year terms. L.1997,c.63,s.1.
NJ Rev Stat § 18A:66-57 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:66-57 - Officers, actuary, legal adviser, secretary.

18A:66-57 Officers, actuary, legal adviser, secretary.  18A:66-57. The board shall elect annually from its membership a chairman and may also elect a vice chairman, who shall have all the power and authority of the chairman in the event of the death, absence or disability of the chairman. The actuary of the fund shall be selected by the Retirement Systems Actuary Selection Committee established by P.L.1992, c.125.  The actuary shall be the technical adviser of the board and the committee on matters regarding the operation of the funds created by the provisions of this article and shall perform such other duties as are required in connection therewith.  The Attorney General shall be the legal adviser of the retirement system, except that if the Attorney General determines that a conflict of interest would affect the ability of the Attorney General to represent the board or the committee on a matter affecting the retirement system, the board may select and employ legal counsel to advise and represent the board or the committee on that matter.  The chief or assistant chief of the office of secretarial services of the Division of Pensions and Benefits of the State Department of the Treasury, shall be the secretary of the board. The chief and assistant chief of the office of secretarial services shall be in the competitive division of the State classified service. The secretary presently in office shall hold the position as chief of the office of secretarial services subject to all of the provisions of Title 11 of the Revised Statutes and shall not be removed from said office except in the manner provided under the provisions of said title relating to permanent employees in the competitive division of the State classified service. The board of trustees shall select its secretary from among the eligible candidates. amended 1970, c.57, s.6; 1992, c.41, s.6; 1992, c.125, s.3; 2011, c.78, s.6.
NJ Rev Stat § 18A:66-58 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:66-58 - Actuary's report

18A:66-58. Actuary's report  The actuary shall recommend, and the Division of Pensions shall keep in convenient form, such data as shall be necessary for actuarial valuation of the various funds created by this article. At least once in every 3-year period the actuary shall make an actuarial investigation into the mortality, service and compensation or salary experience of the members and beneficiaries as defined in this article and shall make a valuation of the assets and liabilities of the various funds created by this article. Upon the basis of such investigation and valuation, with the advice of the actuary, the board shall: (a) Adopt for the retirement system such mortality, service and other tables as shall be deemed necessary; and (b) Certify the rates of contribution, expressed as a proportion of the compensation of members, which shall be made by the State to the contingent reserve fund. L.1967, c.271; amended by L.1971, c. 121, s. 31, eff. April 29, 1971; L.1972, c. 157, s. 1; L.1979, c. 106, s. 7, s. eff. July 1, 1979.
NJ Rev Stat § 18A:66-58.1 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:66-58.1 - Annuity values; determination without reference to sex

18A:66-58.1. Annuity values; determination without reference to sex  Annuity values, including actuarial equivalents under optional selections, for all members of the Teachers' Pension and Annuity Fund shall be determined without reference to sex; provided, however, that this amendatory and supplementary act shall not limit the actuary from using sex as a factor in the actuarial valuation required pursuant to N.J.S. 18A:66-68. L.1979, c. 106, s. 9, eff. Jan. 1, 1980.
NJ Rev Stat § 18A:66-59 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:66-59 - Annual reports

18A:66-59. Annual reports  The retirement system shall publish annually a report showing a valuation of the assets and liabilities of the funds created by this article, certifying as to the accumulated cash and securities of the funds and stating other facts pertaining to the system. The board shall submit the report to the Governor and furnish a copy to every employer for use of the members and the public. L.1967, c.271; amended by L.1971, c. 121, s. 32, eff. April 29, 1971.
NJ Rev Stat § 18A:66-60 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:66-60 - No interest in fund by trustees or employees

18A:66-60. No interest in fund by trustees or employees  Except as otherwise herein provided, no trustee and no employee of the board of trustees shall have any direct interest in the gains or profits of any investments of the retirement system; nor shall any trustee or employee of the board directly or indirectly, for himself or as an agent, in any manner use the moneys of the retirement system, except to make such current and necessary payments as are authorized by the board of trustees; nor shall any trustee or employee of the board of trustees become an endorser or surety, or in any manner an obligor for moneys loaned to or borrowed from the retirement system. L.1967, c.271; amended by L.1970, c. 57, s. 7, eff. May 18, 1970.
NJ Rev Stat § 18A:66-61 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:66-61 - Trustees to control funds, investment council member, finance committee.

18A:66-61 Trustees to control funds, investment council member, finance committee.  18A:66-61. The board of trustees shall be and are hereby constituted trustees of the various funds and accounts established by this article; provided, however, that all functions, powers and duties relating to the investment or reinvestment of moneys of, and purchase, sale or exchange of any investments or securities, of or for any fund or account established under this article, shall be exercised and performed by the Director of the Division of Investment in accordance with the provisions of chapter 270, of the laws of 1950. The secretary of the board of trustees shall determine from time to time the cash requirements of the various funds and accounts established by this article and the amount available for investment, all of which shall be certified to the Director of the Division of Investment. An elected member of the board of trustees to be designated by a majority vote thereof shall serve on the state investment council as a representative of said board of trustees, for a term of three years and until a successor is designated and qualified. The finance committee of the board of trustees shall be appointed on or before July 1 of each calendar year by the chairman of the board of trustees to serve through June 30 of the ensuing calendar year and until their successors are appointed. The finance committee of the board of trustees shall consist of three members of the board of trustees, one of whom shall be the State Treasurer. amended 1970, c.57, s.8; 2011, c.78, s.29.
NJ Rev Stat § 18A:66-62 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:66-62 - Treasurer custodian of funds

18A:66-62. Treasurer custodian of funds  The state treasurer shall be the custodian of the funds created by this article, shall select all depositories and custodians and shall negotiate and execute custody agreements in connection with the assets or investments of any of said funds. All payments from the funds shall be made by him only upon voucher signed by the chairman and countersigned by the secretary of the board of trustees. No voucher shall be drawn, except upon the authority of the board duly entered in the record of its proceedings. L.1967, c.271.
NJ Rev Stat § 18A:66-63 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:66-63 - Correction of errors by trustees

18A:66-63. Correction of errors by trustees  If any change or error in records results in a member or beneficiary receiving from the retirement system more or less than he would have been entitled to receive had the records been correct, then on discovery of the error, the board of trustees shall correct it and, so far as practicable, adjust the payments in such a manner that the actuarial equivalent of the benefit to which he was correctly entitled shall be paid. L.1967, c.271.
NJ Rev Stat § 18A:66-64 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:66-64 - False statements to defraud, misdemeanors

18A:66-64. False statements to defraud, misdemeanors  A person who knowingly makes a false statement, or falsifies or permits to be falsified any record of the retirement system, in an attempt to defraud the system as a result of such act shall be guilty of a misdemeanor. L.1967, c.271.
NJ Rev Stat § 18A:66-65 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:66-65 - Agreement on social security

18A:66-65. Agreement on social security  The authorization and direction of the state agency, with the approval of the governor, to enter on behalf of the state into an agreement with the secretary of the United States department of health, education and welfare for the purposes of extending the provisions of the federal old-age and survivors insurance system to service performed by employees in positions covered by the provisions of sections 24 to 110, inclusive, of chapter 13 of Title 18 of the Revised Statutes of New Jersey or by this article; provided, however, (a) That such employees are members of a retirement system coverage group within the meaning of the social security act as amended; (b) That the agreement shall not be made applicable to services in such positions so long as said positions are barred from coverage by the provisions of the social security act as amended; (c) That the agreement shall be consistent with the terms and provisions of this article. It shall cover all employment in positions covered by the teachers' pension and annuity fund on June 1, 1955 and each board of education or other employer in the state shall be deemed to have submitted a plan in accordance with the provisions of section 5 of chapter 253, of the laws of 1951; and (d) That the effective date of said social security agreement shall be January 1, 1955; is continued and action heretofore taken pursuant thereto is ratified and confirmed. L.1967, c.271.
NJ Rev Stat § 18A:66-66 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:66-66 - State, employer share of social security obligations

18A:66-66. State, employer share of social security obligations  18A:66-66. The State shall provide the amount of the employer's share of the social security contributions for members by appropriations upon certification by the State Treasurer as to the amounts required; provided, however, that the State's provision for the social security contributions shall be limited to contributions upon compensation upon which members' contributions to the retirement system are based. The employer shall pay the employer's share of social security contribution upon all other wages.  L.1967, c.271; amended 1990,c.52,s.79; 1991,c.246,s.2; 1993,c.7,s.7.
NJ Rev Stat § 18A:66-68 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:66-68 - Effect of abolition of social security offset

18A:66-68. Effect of abolition of social security offset  The repeal, by section 11 of chapter 66 of the laws of 1966, saved from repeal in section 18A:66-92 of this article, of section 68 of chapter 37 of the laws of 1955, chapter 218 of the laws of 1956, chapter 123 of the laws of 1960, chapter 108 of the laws of 1962, chapter 190 of the laws of 1964, shall not be construed to provide for any retroactive effect and where a member's retirement allowance was reduced by the amount of the old age insurance benefit under Title II of the social security act, paid or payable to him, whether received or not, such reduction ceased, or if such reduction was to be made upon the member's attainment of 65, no such reduction shall be made, on or after July 1, 1966. L.1967, c.271.
NJ Rev Stat § 18A:66-69 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:66-69 - Limitations on death benefits or other benefits

18A:66-69. Limitations on death benefits or other benefits  Any other provision of this article notwithstanding, (a) any member who is not covered under the old-age and survivors insurance provisions of Title II of the Federal Social Security Act as a teacher shall not be eligible for the death benefit provisions of sections 18A:66-36, 18A:66-37, 18A:66-38, 18A:66-41, 18A:66-42, 18A:66-44, 18A:66-46e, and 18A:66-53, except for the payment of accumulated deductions together with regular interest; (b) no beneficiary of a pensioner who enrolled as a member on or after July 1, 1971 and who retired for any reason other than disability shall be entitled to receive benefits pursuant to the noncontributory death benefit coverages provided by this article if the pensioner had less than 10 years of service credit for retirement purposes at the time of retirement; (c) no member or beneficiary shall be entitled to receive a monthly retirement allowance or other benefit payable pursuant to this article unless the amount of the allowance or benefit would be at least $25.00 per month. L.1967, c.271; amended by L.1971, c. 121, s. 33, eff. April 29, 1971.
NJ Rev Stat § 18A:66-70.1 (2021)
2021 New Jersey Revised Statutes|Title 18A - Education|Section 18A:66-70.1 - Permission for member to cancel purchase of credit

18A:66-70.1. Permission for member to cancel purchase of credit  7. If, following application by a member of the retirement system to purchase credit therein under any provision of article 1 of chapter 66 of Title 18A of the New Jersey Statutes, as amended and supplemented, the member attains qualification as a veteran member pursuant to the enactment of a law, the adoption of a rule or regulation, the revision of an administrative interpretation or application of such a rule or regulation, or any other official act, the member shall be permitted, upon written application to the retirement system within two years following the effective date of that law, rule, regulation, revision, or other act or within two years of the effective date of P.L.1995, c.406 (C.43:15A-60.2 et al.), whichever is later, to terminate any remaining obligation to complete the purchase and to receive a return of all contributions deducted or other payments made on or after the effective date of the law, rule, regulation, revision, or other act in connection with the purchase. If any service has been credited under the retirement system to the member in connection with the purchase, the amount of that service so credited shall be reduced in proportion to the return to the member hereunder of any contributions or other payments. L.1995,c.406,s.7.