43:4-3.2 - Pension increase table - New Jersey Statutes

43:4-3.2.    Pension increase table
    The first $900.00 of the annual pension or the full amount of the pension, if the same is less than $900.00 per year, shall be increased in accordance with a ratio of increase formula calculated in accordance with the percentage applicable for the calendar year of retirement, as follows:

     Year of        Ratio of            Year of       Ratio of

      Retirement      Increase           Retirement     Increase

         1920            88%                 1937          109%

         1921            72%                 1938          106%

         1922            64%                 1939          104%

         1923            61%                 1940          103%

         1924            61%                 1941          101%

         1925            66%                 1942           96%

         1926            66%                 1943           87%

         1927            65%                 1944           79%

         1928            65%                 1945           70%

         1929            65%                 1946           61%

         1930            66%                 1947           51%

         1931            71%                 1948           41%

         1932            79%                 1949           33%

         1933            89%                 1950           26%

         1934            99%                 1951           19%

         1935           107%                 1952           15%

         1936           111%                 1953           12%

                                             1954           10%

   L.1967, c. 294, s. 2, eff. Feb. 15, 1968.