43:7-11.1 - Payment of pensions - New Jersey Statutes

43:7-11.1.  Payment of pensions
    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first day of a month, shall be paid in equal monthly installments, and shall not be decreased,  increased, revoked or repealed, except as otherwise provided by the statutory  law.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 member or beneficiary unless it constitutes  a payment for an entire month.

     L.1973, c. 155, s. 6, eff. June 1, 1973.