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Terms Used In New Jersey Statutes 43:4B-2

  • Contract: A legal written agreement that becomes binding when signed.
  • State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
20. The Director of the Division of Pensions shall annually communicate to the board of each pension system the relevant factors used in calculating the State‘s contributions to that system’s accrued liability. Further, the pension boards shall have access to all relevant actuarial information relating to any actuarial matter under consideration by the boards, subject to financial restraints imposed by the contract agreement.

L.1992,c.125,s.20.