43:15A-30 - Deductions certified to fund - New Jersey Statutes

43:15A-30.  Deductions certified to fund
    In accordance with the rate of contribution and the extra salary deductions  certified by the retirement system, each department and each branch of State  service not within a department shall certify to the State Treasurer the  contribution and extra deductions to be made for the retirement system.  The  State Treasurer shall pay each of the amounts so deducted to the retirement  system, and he shall transfer to the retirement system monthly or at such  interval as the system designates a detailed statement of all amounts so paid.   The retirement system shall cause each of the amounts so deducted to be  credited to the individual account of the member from whose compensation the  deduction was made.

     L.1954, c. 84, p. 492, s. 30.  Amended by L.1971, c. 213, s. 12, eff. June 17,  1971.