43:13-22.16c - Amount payable by city - New Jersey Statutes

43:13-22.16c.  Amount payable by city
    Upon approval of an application for the purchase of prior service credit pursuant to this act and calculation of the amount due the fund from the member  therefor, the pension commission shall notify the financial officer of the city  that a like amount is payable by the city.  The financial officer of the city  shall include such amounts in his budget requests for inclusion in the annual  appropriations by the governing body as the city's contribution to the  retirement system.

     L.1963, c. 151, s. 3.