Section 43:3B-8.3 - Applicability of COLA

NJ Rev Stat § 43:3B-8.3 (2019) (N/A)
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43:3B-8.3. Applicability of COLA

2. The provisions of section 7 of P.L.1969, c.169 (C.43:3B-8) shall not apply to section 14 of P.L.1965, c.89 (C.53:5A-14), as amended by section 1 of this amendatory and supplementary act, and the annual cost of living adjustment received by surviving spouses under P.L.1958, c.143 (C.43:3B-1 et seq.), as amended and supplemented by P.L.1969, c.169, shall be calculated as of the date of death of the member of the retirement system.

L.1991,c.380,s.2.