48. Subject to the provisions of P.L.1969, c.242 (C. 18A:66-167 et seq.) and except as otherwise provided by law, the university shall be deemed to be an employer for the purposes of the “Public Employees’ Retirement System Act,” P.L.1954, c.84 (C. 43:15A-1 et seq.), and shall also be deemed to be a “public agency or organization” within the meaning of section 71 of that act (C. 43:15A-71). Further, the university’s commissioned police officers shall be eligible for participation in and subject to the provisions of the “Police and Firemen’s Retirement Systems Act,” P.L.1944, c.255 (C. 43:16A-1 et seq.), and the university shall be deemed an employer within the meaning of that act.

L.2012, c.45, s.48.