18A:66-91 - Repealer of sections 24 through 110 of chapter 13 of Title 18 of the Revised Statutes, with amendments and supplements, but continuing the teachers' pension and annuity fund, saved - New Jersey Statutes

18A:66-91       1955, c. 37, s. 3   (C. 18:13-112.5)
    3.  Sections 24 to 110, inclusive, of chapter 13 of Title 18 of the Revised  Statutes of New Jersey with all amendments and supplements thereto are repealed  as of the effective date of this act;  provided, however, that the Teachers'  Pension and Annuity Fund is hereby continued with the membership, all  securities, investments and other assets and, except as provided herein, all  obligations and liabilities existing as of the effective date of this act, to  be hereafter administered in accordance with the provisions of this act.  Any  benefits and allowances granted under the statutes repealed by this section  prior to the effective date of this act shall be continued in the same manner  and under the same conditions as originally granted.