43:16A-2 - Retirement system established - New Jersey Statutes

43:16A-2.  Retirement system established
    A retirement system is hereby established in the Division of Pensions of the  Department of the Treasury for the purpose of providing retirement allowances  and other benefits for policemen and firemen under the provisions of this act.    It shall have the powers and privileges of a corporation and shall be known  as  "The Police and Firemen's Retirement System of New Jersey" and by such  name all of its business shall be transacted, all of its funds invested, and  all of its cash and securities and property held in trust for the purpose for  which received.

     L.1944, c. 255, p. 838, s. 2.  Amended by L.1967, c. 250, s. 2, eff. Dec. 18,  1967.