43:13-22.15c - Payment in full of assessments for arrears and interest prior to retirement of member for disability - New Jersey Statutes

43:13-22.15c.  Payment in full of assessments for arrears and interest prior  to retirement of member for disability    No employee member of the retirement system shall be retired on pension except as hereinafter provided until he shall have paid in full the amount of all assessments for arrears and interest thereon.  The amount of any assessment  for arrears and interest thereon remaining unpaid upon a member's death or  retirement for permanent or total disability shall be deducted from the amounts  first allowable by way of pension prior to any payment by way of pension to a  widow, widower, minor child, dependent parent or member retired for permanent  or total disability.

     L.1957, c. 189, p. 688, s. 4.  Amended by L.1979, c. 281, s. 3, eff. Jan. 8, 1980.