Section 40:37-162 - Beneficiaries; amount of pension

NJ Rev Stat § 40:37-162 (2019) (N/A)
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40:37-162. Beneficiaries; amount of pension

Each of the persons hereinafter specified shall be entitled to receive a pension for life from the fund established under section 40:37-157 of this Title, equal to 1/2 of his average salary for the last 3 years of his employment.

Amended by L.1955, c. 195, p. 771, s. 4, eff. Aug. 4, 1955.