reglab/statecodes huggingface dataset:
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 1 - ADMINISTRATION › Section 17:3-1.5 - Certifying officer (employer)

Current through Register Vol. 56, No. 14, July 15, 2024
(a) The certifying
				officer shall be responsible for the duties described by
				18A:66-32 and all other duties
				relating to matters concerning the Fund.
(b) In locations other than boards of
				education, the chief fiscal officer or the personnel officer shall serve as the
				certifying officer for such units.
(c) Upon request of the Board, the certifying
				officer shall be required to sign a statement, verifying that any information
				reported is accurate to the best of the officer's knowledge, and conforms with
				the statutes and rules governing the Fund.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 1 - ADMINISTRATION › Section 17:3-1.6 - Records

Current through Register Vol. 56, No. 14, July 15, 2024
(a) In the addition to the provisions of
				17:1-1.2, the approved minutes of the Board are a matter of public record and
				may be inspected during regular business hours in the Office of the Board
				Secretary.
(b) The mailing address,
				telephone number, or email address of any active or retired member is
				considered to be a part of the members' confidential files and shall not be
				released for any purpose.
(c) The
				beneficiary designations of an active or retired member are considered to be a
				part of the member's confidential files and shall only be released after the
				member's death.
(d) The annual
				report of the Fund's actuary shall not be released until it has been approved
				by the Board.
(e) Original
				documents, if available, shall only be reviewed by appointment at the
				Division.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 1 - ADMINISTRATION › Section 17:3-1.7 - Appeal from Board decisions

Current through Register Vol. 56, No. 14, July 15, 2024
(a) The following
				statement shall be incorporated in every written notice setting forth the
				Board's determination in a matter where such determination is contrary to the
				claim made by the claimant or the claimant's legal representative:
1. "If you disagree with the determination of
				the Board, you may appeal by submitting a written statement to the Board within
				45 days after the date of written notice of the determination. The statement
				shall set forth in detail the reasons for your disagreement with the Board's
				determination and shall include any relevant documentation supporting your
				claim. If no such written statement is received within the 45-day period, the
				determination by the Board shall be final."
2. Upon receipt of a member's written appeal,
				the Board shall determine whether to grant an administrative hearing based upon
				the standards for a contested case hearing set forth in the Administrative
				Procedure Act,
				52:14B-1 et seq., and 52:14F-1 et
				seq., and the Uniform Administrative Procedure Rules, N.J.A.C. 1:1.
3. Administrative hearings shall be conducted
				by the Office of Administrative Law pursuant to the provisions of
				52:14B-1 et seq., and 52:14F-1 et
				seq., and N.J.A.C. 1:1.
4. If the
				granted appeal involves solely a question of law, the Board may retain the
				matter and issue a final determination which shall include detailed findings of
				fact and conclusions of law based upon the documents, submissions and legal
				arguments of the parties. The Board's final determination may be appealed to
				the Superior Court, Appellate Division.
5. If the granted appeal involves a question
				of facts, the Board shall submit the matter to the Office of Administrative
				Law.
6. The Director of the
				Division of Pensions and Benefits is authorized to grant or deny requests to
				extend the time allowed for exceptions and replies, and to seek extension of
				the time for a Board to render a final administrative decision adopting,
				rejecting, or modifying an initial decision.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 1 - ADMINISTRATION › Section 17:3-1.9 - Verified discrepancy in member's age

Current through Register Vol. 56, No. 14, July 15, 2024
The member's account (active or retired) shall be
				  reconstructed and all benefit entitlements and contributions shall be
				  determined on the basis of the member's correct date of birth.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 1 - ADMINISTRATION › Section 17:3-1.11 - Proof of age

Current through Register Vol. 56, No. 14, July 15, 2024
(a) All members
				shall establish proof of their age with the Fund. Acceptable proofs of age
				include birth or baptismal certificates, passports, naturalization papers,
				Biblical records, affidavits of older members of the immediate family or
				primary school records.
(b) In the
				event a member dies before satisfactory evidence of the member's date of birth
				has been filed with the Fund, appropriate evidence shall be required before any
				death claim is processed for settlement.
(c) In the event proof of age has not been
				filed with the Fund before retirement, such proof must be filed before any
				retirement benefits may be disbursed.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 1 - ADMINISTRATION › Section 17:3-1.12 - Employees; biweekly salaries

Current through Register Vol. 56, No. 14, July 15, 2024
(a) Retirement and
				death benefits as well as service credit will be determined on the basis of
				biweekly pay periods for employees whose employers report salary and
				contributions on a biweekly basis. This biweekly schedule should conform to the
				biweekly reporting schedule issued by the State's Centralized Payroll
				Office.
(b) In the event a member
				is reported on a combination of monthly and biweekly pay periods, the member's
				last year's salary or final compensation as well as the member's service credit
				will be computed on a proportional basis.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 2 - ENROLLMENT › Section 17:3-2.1 - Enrollment eligibility

Current through Register Vol. 56, No. 14, July 15, 2024
(a) Any person
				appointed by the State, local board of education, or charter school to a
				position listed in the definition of "teacher" found at
				18A:66-2.p or as a regular,
				full-time employee in a position that meets the following conditions shall be
				required to become a member of the Fund effective as of the date of their
				employment:
1. The position requires a valid
				certificate issued by the State Board of Examiners, pursuant to
				18A:6-34 et seq. and N.J.A.C.
				6A:9, and the person employed holds this valid certificate;
2. The position is covered by Social
				Security; and
3. Salary
				requirements and full-time weekly work hours to qualify for enrollment are met,
				based on the date of eligibility for enrollment:
i. If eligibility for enrollment began prior
				to November 2, 2008, the minimum salary requirement for the position is $
				500.00 or more within a work year;
ii. If eligibility for enrollment began
				between November 2, 2008 and May 21, 2010, the position must meet the minimum
				salary requirements pursuant to the provisions of
				18A:66-4.b(3), as provided in (g)
				below;
iii. If eligibility for
				enrollment began after May 21, 2010, regular full-time hours of 32 hours per
				week are required for enrollment, pursuant to the provisions of
				18A:66-4.b(4); or
iv. If a break in a member's service occurs
				and it has been more than two consecutive years since that member's last
				pension contribution, reenrollment will occur based on the date of eligibility
				for enrollment, in accordance with (a)3i, ii, or iii above.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 2 - ENROLLMENT › Section 17:3-2.2 - Documentation required

Current through Register Vol. 56, No. 14, July 15, 2024
If a person is appointed to a position that does not appear
				  to meet the eligibility requirements for membership in the Fund, as specified
				  in 17:3-2.1, the position shall be
				  referred to the Board for its determination as to the person's eligibility for
				  participation in the Fund. In order to determine such person's eligibility for
				  enrollment, the employer shall be required to support the enrollment
				  application with a statement setting forth the duties, qualifications, tenure
				  rights, and State Board of Examiners' Certification requirements of the
				  position.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 2 - ENROLLMENT › Section 17:3-2.3 - Multiple enrollees

Current through Register Vol. 56, No. 14, July 15, 2024
(a) A multiple enrollee is a member who is
				employed by more than one TPAF participating employer at the same time; each of
				the member's TPAF-participating employers shall report to the Fund about that
				member. Pursuant to the provisions of
				18A:66-19.1, multiple enrollments
				are not permitted for any member who enrolls or enrolled in the Fund after May
				21, 2010, and for any member who enrolled in the Fund on or before May 21,
				2010, who had a pension reporting period without pay (break in service) after
				May 21, 2010.
(b) For TPAF
				enrollments that occurred on or before May 21, 2010, a "teacher" employed in
				two or more positions that met the eligibility requirements for enrollment in
				the Fund, as stated in
				17:3-2.1, was required to enroll
				in the Fund through each of the positions. If a break in service or termination
				of employment occurs in either position after May 21, 2010, multiple enrollment
				is no longer permitted.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 2 - ENROLLMENT › Section 17:3-2.4 - Emergency or provisional certificate

Current through Register Vol. 56, No. 14, July 15, 2024
(a) Any teacher
				employed under an emergency or provisional certificate, who is appointed to a
				regular full-time position under contract, shall be eligible for enrollment as
				of the date of employment.
(b) In
				the event a teacher does not qualify for a regular teaching certificate before
				the emergency or provisional certificate expires and such teacher is continued
				in employment as a substitute or temporary employee, such member:
1. Will not be permitted to make
				contributions to the Fund while employed in a substitute or temporary
				status;
2. Will be permitted to
				retain inactive membership for a period not in excess of two years;
3. Will be permitted to purchase credit for
				the period of substitute service as may be provided by statute.
4. Will not be covered for either the
				non-contributory or contributory insurance during the period of substitute
				service, in which event such member may exercise group life insurance
				conversion rights.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 2 - ENROLLMENT › Section 17:3-2.5 - Janitors

Current through Register Vol. 56, No. 14, July 15, 2024
Any janitorial employee who was enrolled prior to August 1,
				  1966 shall be eligible to continue membership until such membership terminates.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 2 - ENROLLMENT › Section 17:3-2.7 - Enrollment following deferred retirement

Current through Register Vol. 56, No. 14, July 15, 2024
(a) For a
				member enrolled in the retirement system prior to November 2, 2008, who elects
				a deferred retirement:
1. If the member
				resumes regular service prior to age 60 and within the two-year period
				stipulated by
				18A:66-7(a)  or
				the longer period provided by
				18A:66-8.a, the membership
				account under which the member elected a deferred retirement shall be
				continued.
2. If the member resumes
				regular service prior to age 60, but after the period for continued membership
				stipulated by
				18A:66-7(a)  or
				8.a has expired, then such member shall be enrolled in the retirement system
				under a new membership account and shall be subject to such benefits and
				requirements as shall apply to new members of the retirement system as of the
				date of such new enrollment.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 2 - ENROLLMENT › Section 17:3-2.8 - Enrollment date

Current through Register Vol. 56, No. 14, July 15, 2024
(a) New employees
				in the classified service shall be considered as beginning their service on the
				date of their regular appointments.
1. For
				employers who report on a monthly basis, the compulsory enrollment date shall
				be fixed as the first of the month for an employee whose regular appointment
				date falls between the first through the 16th of the month and the compulsory
				enrollment date shall be fixed as the first of the following month for an
				employee whose regular appointment date falls between the 17th and the end of
				the month.
2. For employers who
				report on a biweekly basis, the compulsory enrollment date shall be fixed as
				the first day of the pay period for an employee whose appointment date falls on
				the first through seventh day of the biweekly pay period. The compulsory
				enrollment date shall be fixed as the first day of the following biweekly pay
				period for an employee whose appointment date falls on any subsequent date
				within that pay period.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 3 - INSURANCE AND DEATH BENEFITS › Section 17:3-3.1 - Compulsory and optional enrollment

Current through Register Vol. 56, No. 14, July 15, 2024
(a) For the purpose
				of contributory insurance, all compulsory enrollees under age 60 at the time
				their enrollment application is filed, including veterans, shall be required to
				participate in the contributory insurance program for one year (12 calendar
				months) from the date of enrollment, or the effective date of insurance premium
				deduction, whichever is later. Proof of insurability shall be required for all
				compulsory and optional enrollees, age 60 and older, at the time their
				enrollment application is filed with the Division, in order to qualify for
				noncontributory and contributory insurance coverage.
(b) Optional enrollees under age 60 at the
				time their enrollment application is filed with the Division, may qualify for
				noncontributory and contributory insurance coverage only if they were actively
				at work performing all of the duties that the position requires at the time
				they made application for enrollment, and such application was filed within one
				year from the date they first became eligible for enrollment in the Fund. If an
				application for an optional enrollee is not received within one year after the
				optional enrollee became eligible for enrollment, evidence of insurability will
				be required for the noncontributory and contributory coverage.
(c) When proof of insurability is required,
				the member's opportunity to prove such insurability shall expire one year (12
				months) from the date the initial written notice is sent advising the member
				that the member must prove insurability by taking a medical examination and
				meeting the eligibility requirements of the Fund underwriter.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 3 - INSURANCE AND DEATH BENEFITS › Section 17:3-3.3 - Contributory insurance rate

Current through Register Vol. 56, No. 14, July 15, 2024
Effective January 1, 1980, the contributory group life
				  insurance rate of contribution for all participating members shall be 4/10 of
				  one percent (.004) of the member's base or contractual
				  salary.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 3 - INSURANCE AND DEATH BENEFITS › Section 17:3-3.4 - New enrollments and transfers; contributory insurance premiums

Current through Register Vol. 56, No. 14, July 15, 2024
For new enrollees and transferees, contributory insurance
				  premiums will be due from the date insurance is effective as shown on the
				  certification, to the date payroll deductions are certified to begin. In no
				  case will the retroactive premiums for more than 15 months be charged.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 3 - INSURANCE AND DEATH BENEFITS › Section 17:3-3.5 - Leave for illness; life insurance coverage

Current through Register Vol. 56, No. 14, July 15, 2024
(a) Life insurance
				coverage during a leave of absence without pay due to illness shall apply only
				to the personal illness of the member.
(b) A leave of absence on account of another
				person's illness will not entitle the member to continued life insurance
				coverage.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 3 - INSURANCE AND DEATH BENEFITS › Section 17:3-3.6 - Survivor benefits

Current through Register Vol. 56, No. 14, July 15, 2024
(a) Payment of benefits to eligible survivors
				shall become effective on the first of the month subsequent to the member's
				death and shall terminate on the first of the month subsequent to the date on
				which the survivor no longer qualifies for such benefits.
(b) In the instance of an active member who
				died in the performance of duty (accidental death), the initial pension payment
				will be for the month following the month in which the member died, and the
				last payment will cover the month the survivor dies or ceases to qualify for
				the continuance of benefits.
(c) In
				calculating an Option 1 reserve balance upon the death of a retired member,
				when a beneficiary elects an annuity certain (specified number of years) or a
				life annuity, the applicable factor is based upon the beneficiary's age at the
				time of the member's death. If a beneficiary is six months or more past his or
				her birthday, the factor is based upon the beneficiary's age on his or her next
				birthday.
(d) In calculating the
				group life insurance benefits upon the death of an active employee when a
				beneficiary elects an annuity certain (specified number of years) or a life
				annuity, the applicable factor is based upon the beneficiary's age at the time
				of the member's death. The factor is based solely on the beneficiary's age at
				the time of the member's death and is not rounded up to the next
				birthday.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 3 - INSURANCE AND DEATH BENEFITS › Section 17:3-3.7 - Withdrawal application; contributory insurance

Current through Register Vol. 56, No. 14, July 15, 2024
A properly executed contributory insurance withdrawal
				  application must be in the possession of the Fund before termination of the
				  contributory coverage can be effected. Such withdrawal application cannot be
				  retroactive and the contributory insurance will not be reinstated under the
				  membership account number in which the cancellation was exercised.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 3 - INSURANCE AND DEATH BENEFITS › Section 17:3-3.8 - Withdrawal and return, contributory insurance, and conversion

Current through Register Vol. 56, No. 14, July 15, 2024
(a)
				Withdrawal from contributory insurance coverage shall apply only to the
				membership account under which the cancellation was exercised. Any person who
				has canceled contributory insurance coverage and withdraws from membership in
				the Fund, shall, upon subsequent re-enrollment in the Fund, be subject to the
				provisions of
				17:3-3.1.
(b) If a member is covered by group life
				insurance during employment, the coverage ceases 31 days subsequent to the
				member's termination date from employment, regardless of the cause of
				termination. A member can convert the life insurance at the member's expense as
				set forth in
				N.J.S.A.
				18A:66-179. The converted individual policy
				will not take effect until the expiration of the group life insurance policy at
				the conclusion of the 31-day grace period.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 3 - INSURANCE AND DEATH BENEFITS › Section 17:3-3.9 - Retired life insurance coverage

Current through Register Vol. 56, No. 14, July 15, 2024
If a member's date of TPAF enrollment was on or after July
				  1, 1970, noncontributory life insurance shall be payable after the death of a
				  retired member, only if the member established 10 or more years of pension
				  membership credit at the time of retirement, or retired on a disability
				  retirement. The noncontributory life insurance coverage for service, early,
				  veteran and deferred retirements as well as disability retirements where the
				  retiree is age 60 or older shall equal 3/16 of the retiree's last 10 months of
				  salary if formerly employed on a 10-month basis, or 12 months of salary if
				  formerly employed on a 12-month basis. Contributory group life insurance
				  coverage shall equal 4/16 of the retiree's last 10 months of salary if formerly
				  employed on a 10-month basis, or 12 months of salary if formerly employed on a
				  12-month basis. No premium payments are required to continue the coverage after
				  retirement.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 3 - INSURANCE AND DEATH BENEFITS › Section 17:3-3.10 - Contributory insurance premiums, leave of absence and workers' compensation

Current through Register Vol. 56, No. 14, July 15, 2024
(a) Contributory
				insurance coverage will remain in effect for up to two years while a member is
				on an official leave of absence without pay for the personal illness of the
				member and without premiums paid by the member. The employer shall provide to
				the Division proof of the official leave of absence.
(b) Contributory insurance coverage will
				remain in effect while a member is on an official leave of absence without pay
				for the following reasons, provided that insurance premiums are paid by the
				member within 31 days of the official start date of the leave. It is the
				member's responsibility to make arrangements directly with the Division to
				continue these premium payments:
1. Up to one
				year to fulfill a residency requirement for an advanced degree; or as a
				full-time student at an institution of higher education; and
2. Up to 93 days on an official leave for any
				other reason.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 3 - INSURANCE AND DEATH BENEFITS › Section 17:3-3.11 - Ten-month members

Current through Register Vol. 56, No. 14, July 15, 2024
A member employed on other than a 12-month contract year
				  will continue to be insured during the summer vacation period provided a bona
				  fide employee-employer relationship exists during this period.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 3 - INSURANCE AND DEATH BENEFITS › Section 17:3-3.12 - Beneficiary designation; pension contributions

Current through Register Vol. 56, No. 14, July 15, 2024
(a)
				Only a primary and a contingent designation of beneficiary may be made by the
				member for the payment of such member's accumulated pension
				contributions.
(b) When a member
				establishes multiple status by becoming employed by one or more additional
				employers in an eligible position or positions and files an enrollment
				application, the beneficiaries designated on the most recently submitted
				enrollment application supersede any older designations of beneficiaries on
				file with the Division. However, pursuant to the provisions of
				18A:66-19.1, multiple status is
				not permitted for those enrolling in the Fund after May 21, 2010.
(c) All beneficiaries must be specifically
				named.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 3 - INSURANCE AND DEATH BENEFITS › Section 17:3-3.13 - Benefits payable when a member dies with a retirement application pending

Current through Register Vol. 56, No. 14, July 15, 2024
Pursuant to
				  N.J.S.A.
				  18A:66-47 and
				  18A:66-47.3,
				  the person designated as the beneficiary of an optional settlement on the
				  retirement application may request, upon the member's death, that a retirement
				  become effective and that a selection of an optional settlement be made as
				  authorized by the law. If there is no designated beneficiary for an optional
				  settlement, the person designated as the beneficiary to receive the return of
				  contributions or unpaid benefits due to a retiree at the date of death may make
				  this request. If a beneficiary requests that an optional settlement be made,
				  the death benefits payable on behalf of the member shall be the death benefits
				  payable on behalf of a member who dies after retirement as otherwise provided
				  in the TPAF Act,
				  N.J.S.A. 18A:66-1
				  through 93, as amended and supplemented.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 3 - INSURANCE AND DEATH BENEFITS › Section 17:3-3.14 - Acceptable designations of beneficiaries

Current through Register Vol. 56, No. 14, July 15, 2024
(a) The
				beneficiary designation on a duly executed retirement application that is filed
				with and accepted by the Division supersedes any older designation of
				beneficiary on file. Such designation shall include: full name, Social Security
				number, tax identification number (for estates or trusts), address, and date of
				birth. The designation is effective upon acceptance by the Division, even if
				the retirement date on the application is in the future, or the member cancels
				the retirement application.
1. The beneficiary
				or beneficiaries designated on the retirement application for the retirement
				allowance shall be the beneficiary or beneficiaries for the return of the
				member's accumulated contributions.
2. If no beneficiary designation is in effect
				at the time of the member's death, or if no one is named as beneficiary for the
				retirement allowance, the Division shall pay the benefit to the member's
				estate.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 3 - INSURANCE AND DEATH BENEFITS › Section 17:3-3.15 - Suspension

Current through Register Vol. 56, No. 14, July 15, 2024
A member suspended without pay will have noncontributory life
				  insurance coverage continued for a period of 93 days following the effective
				  date of such suspension. A member will not be covered by contributory life
				  insurance during a suspension without pay, but may convert the contributory
				  insurance prior to 31 days after the effective date of the suspension. After 93
				  days, the member may also convert the non-contributory group life insurance
				  coverage.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 4 - MEMBERSHIP › Section 17:3-4.1 - Creditable compensation

Current through Register Vol. 56, No. 14, July 15, 2024
(a) The
				compensation of a member subject to pension and group life insurance
				contributions and creditable for retirement and death benefits in the Fund
				shall mean the contractual salary, for services as a teacher defined at
				N.J.S.A.
				18A:66-2.d(1)(2), which is in accordance with
				established salary polices of the member's employer for all employees in the
				same position and shall not include extra compensation.
1. Forms of compensation that have been
				identified as extra compensation include, but are not limited to:
i. Overtime;
ii. Pay for extra work, duty or service
				beyond the normal work day, work year for the position, or normal duty
				assignment;
iii. Bonuses;
iv. Lump-sum payments for longevity, holiday
				pay, vacation, compensatory time, accumulated sick leave, or any other
				purpose;
v. Any compensation which
				the employee or employer has the option of including in base salary;
vi. Sell-backs, trade-ins, waivers, or
				voluntary returns of accumulated sick leave, holiday pay, vacation, overtime,
				compensatory time, or any other payment or benefit in return for an increase in
				base salary;
vii. Individual
				retroactive salary adjustments where no sufficient justification is provided
				that the adjustment was granted primarily for a reason other than
				retirement;
viii. Individual
				adjustments to place a member at the maximum of his or her salary range in the
				final years of service where no sufficient justification is provided that the
				adjustment was granted primarily for a reason other than retirement;
ix. Increments or adjustments in recognition
				of the member's forthcoming retirement;
x. Any form of compensation which is not
				included in the base salary of all employees in the same position or covered by
				the same collective bargaining agreement or employment;
xi. Retroactive increments or adjustments
				made at or near the end of a member's service, unless the adjustment was the
				result of an across-the-board adjustment for all similarly situated
				personnel;
xii. Any form of
				compensation which is not included in a member's base salary during some of the
				member's service and is included in the member's base salary upon attainment of
				a specified number of years of service;
xiii. Compensation paid for coaching
				sports;
xiv. Compensation paid for
				teaching summer school;
xv.
				Compensation paid for performing clerical or other duties;
xvi. Compensation in the absence of
				services;
xvii. Compensation paid
				for working during vacation periods;
xviii. Compensation paid for serving as a
				bedside instructor or for leading extracurricular activities; and
xix. Compensation paid for additional
				services performed during a normal duty assignment, which are not included in
				base salary.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 4 - MEMBERSHIP › Section 17:3-4.2 - Leave with pay

Current through Register Vol. 56, No. 14, July 15, 2024
(a) If a member is
				granted a leave of absence during the course of a school year with sufficient
				salary to cover a full normal contribution, including any arrears or loan
				payments, the privilege of the member to obtain credit on the basis of such
				salary shall not extend beyond six months from the date of the leave.
(b) If the leave with pay extends beyond six
				months, the member will receive credit and will be required to make
				contributions only if the member is receiving 50 percent or more of the regular
				base or contractual salary.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 4 - MEMBERSHIP › Section 17:3-4.3 - School year members; 10 and 12 months

Current through Register Vol. 56, No. 14, July 15, 2024
(a) Members whose
				salaries for a school year are considered as a full year's compensation shall
				be given service credit in the proportion that the time employed bears to the
				duration of the school year, but not more than one year's salary credit shall
				be given during any consecutive 12 months.
(b) Members whose contracts require them to
				work 10 months of the year and who are employed and are compensated for
				employment for the full normal school year by the board of education are
				entitled to receive 12 months of service credit. Members will not receive
				service credit for months during the normal school year when they are not
				actively employed and did not receive salary.
(c) A 12-month member is presumed to work
				each month of the fiscal year. Members shall not receive service credit for a
				month that a member does not work and is not on an approved paid leave of
				absence.
(d) If a member terminates
				a position that requires less than 12 months to constitute one full year of
				service at the end of the normal academic school year and accepts a 12-month
				position with the same employer or another employer that participates in the
				TPAF and begins employment on or before the date that was established by the
				previous year's contract position, such member will receive service credit
				within the TPAF for the period between the end of the previous contract and the
				employment date of the new 12-month position.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 4 - MEMBERSHIP › Section 17:3-4.4 - Loan tolerance

Current through Register Vol. 56, No. 14, July 15, 2024
Interest will be calculated on a periodic basis on the
				  unpaid loan balance. If scheduled payments are not paid timely, interest will
				  be accrued and added to the remaining outstanding loan balance. If, at the end
				  of the loan schedule, there is a balance of less than $ 50.00, it will be
				  written off. If the balance is equal to or greater than $ 50.00, the member
				  will be assessed.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 4 - MEMBERSHIP › Section 17:3-4.5 - Approved leave

Current through Register Vol. 56, No. 14, July 15, 2024
When benefits are payable involving approved leaves of
				  absence or when a purchase of credit is to be processed involving a creditable
				  leave, a certified copy of the employer's resolution granting such approved
				  leave must be available in file or must be confirmed before processing can be
				  completed.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 4 - MEMBERSHIP › Section 17:3-4.6 - Minimum adjustment

Current through Register Vol. 56, No. 14, July 15, 2024
In order to facilitate the reconciliation of a member's
				  account upon death, no refunds or additional contributions shall be made where
				  an adjustment involves an amount of $ 50.00 or less during a calendar quarter.
				  Unresolved differences of $ 50.00 or less will be written
				  off.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 4 - MEMBERSHIP › Section 17:3-4.7 - Loans

Current through Register Vol. 56, No. 14, July 15, 2024
(a) All pension loans must be repaid within a
				period not to exceed five years. If the member has an outstanding loan balance
				and applies for a new loan, the entire balance must be repaid within five years
				of the date of the first loan. Furthermore, the new loan amount, when added to
				the highest balance due (without interest) during the prior 12-month period for
				all loans from all retirement plans cannot exceed $ 50,000. The $ 50,000
				maximum limit includes all retirement plans the member has an interest in due
				to his or her employment relationship with the State and/or any other
				governmental plans sponsored or administered by a public sector employer in New
				Jersey. Loan amounts above the $ 50,000 aggregate limit shall be declared a
				deemed distribution, which is subject to additional tax.
(b) If a member's loan is treated as a
				distribution, the member is still required to repay the loan, unless the member
				terminates his or her account by withdrawing his or her contributions. If the
				member withdraws from the retirement system, the settlement will be the net
				amount of the member's contributions minus the outstanding loan. If the member
				returns to work and the member's account is reactivated or the member retires,
				the member must repay the full amount of the outstanding loan with additional
				interest computed from the date the member stopped making loan
				payments.
(c) Pursuant to I.R.C.
				§ 72(p)(2)(C), members must make regular periodic payments to repay their
				outstanding loans. If a member takes out a loan and fails to make required loan
				repayments for three consecutive months, the Division will send a letter to the
				member requesting payment within 30 days. If the payment is not made, the
				Division will treat the outstanding loan as a deemed pension distribution. A
				deemed distribution cannot be cancelled by resuming loan payments or repaying
				the loan in full. Unlike a normal pension distribution, a loan treated as a
				distribution cannot be rolled over to an Individual Retirement Account (IRA) or
				another qualified retirement plan.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 4 - MEMBERSHIP › Section 17:3-4.8 - Military leave prior to August 1, 1974

Current through Register Vol. 56, No. 14, July 15, 2024
(a) For military
				leave, prior to August 1, 1974, contributions remitted by an employer on behalf
				of an employee, who does not return to the payroll for the minimum 90-day
				period required by
				18A:66-34, shall be retained by
				the Fund. Such contributions shall be transferred from the Annuity Savings Fund
				to the Contingent Reserve Fund. Military leave contributions remitted by an
				employer shall be based on the employee's salary at the time the member entered
				military service.
(b) Payroll as
				referred to in (a) above, shall be interpreted to mean any public school
				payroll in New Jersey, not necessarily the payroll of the employer where the
				member was employed when the member entered military service.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 4 - MEMBERSHIP › Section 17:3-4.9 - Eligibility for loan

Current through Register Vol. 56, No. 14, July 15, 2024
(a) Only active
				contributing members of the Fund may exercise the privilege of obtaining a
				loan. The member's total outstanding loan balance shall not exceed the lesser
				of 50 percent of the accumulated deductions posted to the member's account or $
				50,000. The loan is subject to I.R.C. § 72(p) (2007) of the Internal
				Revenue Code.
(b) The rate of
				interest per annum for loans from the State-administered retirement systems
				shall be a commercially reasonable rate as required by the Internal Revenue
				Code to be determined by the State Treasurer on January 1 of each calendar
				year. An administrative fee in an amount set by the State Treasurer for each
				calendar year may be charged for any loan requested, pursuant to
				18A:66-35.
(c) All other statutes and rules governing
				loans apply, including
				18A:66-109.1 and
				17:1-1.9, Bankruptcy; subsequent
				loans.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 4 - MEMBERSHIP › Section 17:3-4.10 - Waiver of retirement benefits upon withdrawal

Current through Register Vol. 56, No. 14, July 15, 2024
Any member who makes application for withdrawal from the Fund
				  and who may otherwise be eligible to make application for retirement benefits,
				  shall be required to execute and file a statement with the Fund setting forth
				  the benefits the member is waiving in favor of withdrawal, before the
				  application for withdrawal may be processed. If a member is eligible to begin
				  receiving a monthly retirement allowance (age 60 or more, or 25 years or more
				  of credited service for members who enrolled before November 2, 2008; or age 62
				  or more or 25 years or more of credited service for members who enrolled
				  between November 2, 2008 and June 27, 2011; or age 65 or more or 25 years of
				  credited service for members who enrolled on or after June 28, 2011), the
				  Division shall inform the member of the estimated amount of the retirement
				  allowance and shall require the member to sign a waiver of such benefits,
				  should the member still wish to withdraw.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 4 - MEMBERSHIP › Section 17:3-4.11 - Termination; withdrawal

Current through Register Vol. 56, No. 14, July 15, 2024
(a) Pursuant to
				18A:66-34, a member may withdraw from the Fund only if the member terminates
				all employment.
(b) To effect a
				withdrawal, members are required to submit withdrawal applications over the
				Internet, using a secure account established by the member through the
				Division's Member Benefits Online System (MBOS). For members who establish that
				they cannot submit a withdrawal application online, a paper Application for
				Withdrawal will be accepted.
(c) No
				application shall be approved, if:
1. The
				member is on official leave of absence and the membership is subject to
				continuance under 18A:66-8;
2. The
				member, or employer, certifies that the member's employment contract has not
				expired, or that the member has executed another contract to work in a position
				subject to TPAF coverage;
3. The
				member has been dismissed or suspended from employment. In this event, such a
				member will be eligible to withdraw if the member has formally resigned from
				the position and there is no legal action contemplated or pending and the
				dismissal has been adjudged final. If the member or employer does not advise
				the Division that an appeal is pending and the withdrawal application is
				processed, the member will be required to repay the Fund the full amount of
				contributions with interest, before the account may be reinstated;
4. A multiple member has not terminated
				employment in all covered positions;
5. The member has a claim pending for
				worker's compensation benefits unless the member signs a waiver indicating that
				the member still wishes to withdraw; or
6. The member has a pending retirement
				application, unless the member agrees to rescind such
				application.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 4 - MEMBERSHIP › Section 17:3-4.12 - Deductions

Current through Register Vol. 56, No. 14, July 15, 2024
(a) A full pension
				and contributory insurance deduction shall be taken for the TPAF in any payroll
				period (monthly or biweekly) in which the member is paid a sufficient amount to
				make a full normal deduction. If wages are sufficient, deductions should also
				be made for any other arrears or loan deductions then in effect.
(b) No deductions shall be taken, nor service
				credit given, in any pay period for employers who report on a biweekly basis or
				in any month, for employers who report on a monthly basis, in which the
				employee's salary is not sufficient to cover the required deductions for the
				TPAF.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 4 - MEMBERSHIP › Section 17:3-4.13 - Active employment; membership requirement

Current through Register Vol. 56, No. 14, July 15, 2024
All employees, otherwise eligible, who are not actively
				  employed on the date of their enrollment, will not be covered by the group life
				  insurance program until the day they return to service.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 4 - MEMBERSHIP › Section 17:3-4.14 - Maximum compensation limit for pension contributions based upon annual maximum wage contribution base for Social Security

Current through Register Vol. 56, No. 14, July 15, 2024
(a) Members who enrolled on or after July 1,
				2007, are subject to a maximum compensation limit for pension contributions.
				The maximum compensation limit is based on the annual maximum wage contribution
				base for Social Security, which is subject to change each calendar year.
				Compensation above the maximum will be subject to Defined Contribution
				Retirement Program (DCRP) statutes and rules, including, but not limited to,
				43:15C-1 et seq., and N.J.A.C.
				17:6.
(b) Members enrolled in TPAF
				who also participate in the DCRP based on (a) above will receive service credit
				in their corresponding TPAF account, and will be eligible to retire under the
				rules of the TPAF. The salaries used in the calculation of the retirement
				benefits are limited to the maximum compensation amounts in effect when the
				salary is earned.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 3 - TEACHERS' PENSION AND ANNUITY FUND › Subchapter 5 - PURCHASES AND ELIGIBLE SERVICE › Section 17:3-5.1 - Eligibility for purchase

Current through Register Vol. 56, No. 14, July 15, 2024
(a) Only active
				members of the Fund who are currently contributing, or who have contributed
				within the last two years to the Fund, except as provided at
				N.J.S.A.
				18A:66-8, shall be eligible to make
				application for purchase of credit. Active members who are not currently
				contributing to the Fund must purchase their requested service in a lump sum.
				The purchase request must represent active service in a State-administered
				retirement system for which the member received a salary and was eligible for
				enrollment, but the information must be verified by the employer as to salary
				information, service, and title.
(b) In order to be eligible to purchase
				service, a member must submit a request to purchase service over the Internet,
				through a secure account established by the member and using the Purchase
				Application program of the Member Benefits Online System (MBOS). The member
				will subsequently receive a letter from the Division quoting the terms of the
				purchase. Such purchase must be authorized by the member before the expiration
				date indicated on the letter. If the Purchase Cost Quotation expires prior to
				authorization and subsequently the member requests the purchase of such
				service, the purchase cost will be subject to recalculation based upon all cost
				factors in effect at the time of the new request.
(c) The Division will make an exception to
				the MBOS Purchase Application requirement and accept a Purchase Application in
				printed form under the following circumstances only:
1. A member is applying to purchase military
				service after enrollment under the provisions of the Uniformed Services
				Employment and Reemployment Rights Act of 1994 (USERRA).
2. A member is applying to purchase a leave
				of absence for union representation, as this type of purchase must be purchased
				quarterly.