Notwithstanding the provisions of the “Pension Adjustment Act,” P.L.1969, c.169 (C. 43:3B-1 et seq.), pension adjustment benefits provided for under the act for members and beneficiaries of the Police and Firemen’s Retirement System of New Jersey shall be paid by the retirement system and shall be funded as employer obligations in the manner prescribed for the funding of pension adjustment benefits by the retirement system by this amendatory and supplementary act, P.L.1989, c.204 (C. 43:16A-15.6 et al.).

L.1989,c.204,s.8.