Section 18A:66-45 - Thirty-five year present-entrant allowances

NJ Rev Stat § 18A:66-45 (2019) (N/A)
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18A:66-45. Thirty-five year present-entrant allowances

Any present-entrant member who has had 35 years of service as a teacher to his credit shall be retired at his request, irrespective of his age, and shall receive a retirement allowance, calculated in accordance with section 18A:66-44, consisting of not less than 1/70 of his final compensation for each year of credited service at retirement.

L.1967, c.271.