N.J. Admin. Code § 17:4-6.11

Current through Register Vol. 56, No. 21, November 4, 2024

Section 17:4-6.11 - Service or special retirement; eligibility

(a) A member becomes eligible for "service" retirement:

1. On the first of the month following the member's 55th birthday. If the member's 55th birthday falls on the first of a month, the retirement shall become effective on that date, provided the member files a timely retirement application pursuant to 43:16A-5, and requests that date; or

2. On the first of the month following the attainment of 20 years of service credit in the Retirement System, if the member was enrolled in the Retirement System as of January 18, 2000.

(b) A member becomes eligible for "special" retirement on the first of the month following the establishment of 25 years of creditable service, regardless of the member's age.

N.J. Admin. Code § 17:4-6.11

Amended by R.2001 d.66, effective 2/20/2001.
See: 32 N.J.R. 4060(a), 33 N.J.R. 684(a).
Rewrote section.
Amended by R.2006 d.130, effective 4/3/2006.
See: 37 N.J.R. 4521(a), 38 N.J.R. 1578(a).
Rewrote (a)2.