Section 34:15-120.10 - Administrative expenses; $10,000 limit

NJ Rev Stat § 34:15-120.10 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

34:15-120.10. Administrative expenses; $10,000 limit

In any fiscal year during which benefit payments are made from the "uninsured employer's fund," the Commissioner of Labor shall apply an amount equal to $100.00 for each employee to whom such benefits have been paid from the fund toward the expenses of the Department of Labor arising from the administration of those benefit payments and the fund. However, the total amount withdrawn from the fund to cover administrative expenses shall not exceed $10,000.00 during any fiscal year.

P.L. 1988, c. 25, s. 8.