43:15B-7 - Exclusion of deferred and deducted amount from computation of federal withholding taxes - New Jersey Statutes

43:15B-7.  Exclusion of deferred and deducted amount from computation of federal withholding taxes    Any amount of the employee's salary that is deferred and deducted under this  act and the plan shall continue to be included as regular compensation for all  purposes, including pension benefits earned by any such employee, but any  salary deferred and deducted shall not be included in the computation of any  Federal taxes withheld from the employee's salary on behalf of such employee.

     L.1977, c. 381, s. 7, eff. Feb. 8, 1978.