N.J. Stat. § 18A:66-19: Annuity savings fund.

The annuity savings fund shall be the fund in which shall be credited accumulated deductions and contributions by members or on their behalf to provide for their allowances.

A single account shall be established in this fund for each person who is or shall become a member and all contributions deducted from each such member's compensation shall be credited to this single account.

amended 1971, c.121, s.9; 2010, c.1, s.24.