The benefits provided by the Group Contract are equivalent to and in lieu of the death benefits provided by Sections 18A:66-36, 18A:66-37, 18A:66-38(b), 18A:66-41, 18A:66-42, 18A:66-44, 18A:66-46(e) and 18A:66-53 of the New Jersey Statues Annotated. IMPORTANT NOTICE: This ...
Chapter Ⅵ Material Benefits Chapter Ⅶ Rewards Chapter Ⅷ Legal Liability Chapter ⅨSupplementary5Provisions Chapter Ⅰ General Provisions Article 1 This Law isformulated6for the purpose of safeguarding teachers'legitimate7rights and interests, building up acontingent8of teachers who are sound in moral...
Nationally, 9 out of 10 teachers participate in pension plan, often accepting lower base salaries for the promise of pension benefits in the future. While teachers don’t have to worry about outliving their pensions as the state pays until death, building these pensions is costly. Contribut...