40:37-162 - Beneficiaries;  amount of pension - New Jersey Statutes - USA Laws Searching

Statutes > New Jersey Statutes > TITLE 40 - MUNICIPALITIES AND COUNTIES > Section 40:37 > 40:37-162 - Beneficiaries;  amount of pension

40:37-162 - Beneficiaries;  amount of pension

40:37-162.  Beneficiaries;  amount of pension
    Each of the persons hereinafter specified shall be entitled to receive a pension for life from the fund established under section 40:37-157 of this Title, equal to   1/2   of his average salary for the last 3 years of his employment.

     Amended by L.1955, c. 195, p. 771, s. 4, eff. Aug. 4, 1955.
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