N.J. Admin. Code § 17:10-5.4 - Deferred retirement
(a) No beneficiary shall be eligible for a
benefit if the member who elected to receive a deferred pension shall die
before attaining age 60.
(b)
Notwithstanding the language at
N.J.A.C.
17:10-5.11 and (a) above, a member of the JRS
is permitted to resign as a judge and apply for, but defer, retirement in order
to serve as a county prosecutor upon appointment by the Governor or as the
Administrative Director of the Courts upon appointment by the Chief Justice of
the Supreme Court. To be eligible, the member must be at least 65 years of age,
have the necessary judicial service credit for a full judicial retirement, and
serve for 20 years as a judge for any court in New Jersey. The retirement would
become effective after service as a county prosecutor or as the Administrative
Director of the Courts ends. In addition, the health care benefits under the
State Health Benefits Program that the person would be entitled to upon
retirement as a State employee would also be deferred until after service as a
county prosecutor or as the Administrative Director of the Courts ends and the
retirement becomes effective. In accordance with
N.J.S.A.
43:6A-11.1, if such member attains the age of
70 years while serving as a county prosecutor or as the Administrative Director
of the Courts and has an approved application for retirement, the effective
date of which has been deferred, the member shall be permitted to continue to
serve in the position, and the compulsory retirement for the member shall be
deferred to the first day of the month following the termination of the
member's service in the position of county prosecutor or as the Administrative
Director of the Courts. A member of the JRS who files for deferred retirement
pursuant to this section shall not be eligible to participate in the Defined
Contribution Retirement System, enroll in any other State-administered
retirement system, or receive any other payments from the county or State
deemed to be payments from retirement accounts, funds, or pensions not
including annuities.
Notes
See: 11 New Jersey Register 648(c), 12 New Jersey Register 224(a).
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