43:15A-99 - Retirement - New Jersey Statutes

43:15A-99.  Retirement
    A member who has attained the age of 55 and who immediately prior to retirement has 20 years of creditable service as a law enforcement officer, shall be eligible for service retirement as a law enforcement officer.  Any member in service who is a law enforcement officer at the time of attaining age  65 years shall be retired on a service retirement allowance forthwith or on the  first day of the next calendar month, as is determined by the board of trustees;  provided, however, any law enforcement officer who is a veteran shall not be retired at age 65 years if he does not have 20 years of service in  office, position or employment of this State, or of any county, municipality or  school district, but such veteran member shall be retired upon the completion  of such 20 years of service or upon attaining age 70 years, whichever is  earlier;  and provided, further, that any member of the Public Employees'  Retirement System who was a member of the Prison Officers' Pension Fund on the  date of termination of said fund and who elected not to obtain credit as a law  enforcement officer shall not be required to retire on account of age until age  70.

     L.1955, c. 257, p. 941, s. 3.  Amended by L.1956, c. 55, p. 108, s. 2; L.1959, c. 170, p. 701, s. 3.