40:11-22 - Pensions on death of policemen or firemen killed in line of duty;   amounts

40:11-22.  Pensions on death of policemen or firemen killed in line of duty;   amounts
    The governing body of any municipality, by ordinance, or the board of chosen  freeholders of any county, by resolution, may provide in specific cases for the  payment of an annual pension on the death of a uniformed member of the  municipal fire, police or park police department or county police or park  police department killed in the performance of duty as a member of any such  fire or police department, whether death be instantaneous or ensue from fatal  injury.  The aggregate amount paid pursuant to this act in any year as to any  such deceased member shall not exceed the difference between (a) the amount of  the annual salary of the deceased member at the time of his death or $4,000.00,  whichever is lower, and (b) the sum of the aggregate benefits paid in the same  year by way of death benefit, social security or survivors' benefits, workmen's compensation award or pension benefit, payable under the authority of any other  law of this State or of the United States.  In determining whether or not to provide for a pension pursuant to this act, and in fixing the amount thereof,  such governing body or board of chosen freeholders shall take into account the  actual dependency of the beneficiaries, their needs and means, and the  pecuniary loss occasioned by reason of such death.  The amount so fixed in each  case shall be subject to review at any time by such governing body or board of  chosen freeholders in the light of the then existing facts, for the purpose of  altering or terminating the same.

     L.1958, c. 151, p. 665, s. 1, eff. Dec. 17, 1958.