N.J. Admin. Code § 10:78-9.12 - Payment of premium support to beneficiaries
(a) All Premium Support Program (PSP) payments
will be made directly to the beneficiaries, for a portion of the amount payable to the employer by the
beneficiary for the employer-sponsored health plan.
(b) The
periodic payments to the beneficiary will coincide with the schedule of payroll deductions as established by
the employer.
(c) The amount of the periodic payments to the
employee shall be the amount of the employee's contribution to the employer's plan, less the monthly NJFC/PSP
premium amounts for which the employee is responsible, in accordance with
10:78-9.13.
Notes
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