52:18A-176 - Portability of employees' credit from similar plans - New Jersey Statutes

52:18A-176.  Portability of employees' credit from similar plans
    The board, either in the plan or through separate rules and regulations, may  allow for the portability of appropriate amounts of employees' credit from  similar plans maintained by employees' previous employers to the plan and from  the plan to similar plans maintained by other employers. Authorizations for  portability arrangements will be subject to the requirements of the similar  plans of other employers and the approval of the United States Internal Revenue  Service.

     L.1978, c. 39, s. 14, eff. June 19, 1978.