43:2-5 - Notice of intention to transfer membership - New Jersey Statutes

43:2-5.  Notice of intention to transfer membership
    Said applicant shall notify the administrative head of the teachers' pension  and annuity fund, at the time of his application to such retirement system or  pension fund, of his intention to withdraw from the teachers' pension and  annuity fund and to enter such retirement system or pension fund and thereupon  the administrative head of the teachers' pension and annuity fund shall remit  to such retirement system or pension fund the total amount which otherwise  would be payable to him upon his withdrawal therefrom.

     L.1949, c. 149, p. 532, s. 2.