43:16-1.1 - Executive officers; retention in service until 70 years old - New Jersey Statutes

43:16-1.1.  Executive officers;  retention in service until 70 years old
    Notwithstanding the provisions of section 43:16-1 of the Revised Statutes, any member who holds office, position, or employment as chief of a police department or as chief of a paid or part-paid fire department may be retained in service by the governing body of the municipality, or by the director of public safety if the municipality has such a director, until such member attains the age of seventy years.

     L.1947, c. 395, p. 1247, s. 1.  Amended by L.1949, c. 218, p. 698, s. 1.
 
43:16-1.2.Effective date and payment of pension5.A pension granted under the provisions of the act, to which this act is amendatory and supplementary, shall be effective only on the first day of a month, shall be paid in equal monthly installments, and shall not be decreased, increased, revoked or repealed, except as otherwise provided by the statutory law.  No pension shall be due to a retirant or beneficiary unless it constitutes a payment for an entire month; provided, however, that a pension shall be payable for the entire month in which the retirant or beneficiary dies.

L.1971,c.179,s.5; amended 1995,c.214.