40:37-168.2 - Group insurance; payment of part of premiums by commission - New Jersey Statutes

40:37-168.2.  Group insurance;  payment of part of premiums by commission
    Whenever a group has been or may hereafter be established in accordance with  the provisions heretofore set forth, it shall be lawful for the commission,  except in counties where a county employees' pension fund operates under the  provisions of chapter one hundred sixty, laws of one thousand nine hundred and  forty-three (R.S. s. 43:10-18.1 et seq.), and the amendments and supplements  thereto, to pay as additional compensation to the individual members of the  said group or groups a part of the premium on the said group policy or  policies;  provided, however, that the portion of the premium thus paid by the  commission does not exceed twenty-five per centum (25%);  and further provided,  that nothing in this act contained shall be construed as compelling the  commission to pay any portion of the premium on the said group policy or  policies.

     L.1945, c. 241, p. 764, s. 2, eff. April 25, 1945.