{"data":{"id":"us-nj/n.j.-stat.-17-9a-27.16","jurisdiction":"us-nj","citation":"N.J. Stat. § 17:9A-27.16","heading":"Eligibility for retirement;  permissive provisions","body":"A.  In determining the eligibility for retirement of an employee, a plan may  provide that (a) the period during which such employee was employed by a predecessor bank, and by a bank, savings bank or national bank toward which such predecessor bank stands in the relation of a successor bank; and (b) the period during which such employee was employed by a subsidiary, shall be included in the period of such employee's employment in such bank.\nB.  In determining the eligibility for retirement of an employee, a plan may  provide that a period during which such employee was employed by an employer  other than the bank, a predecessor bank, or a subsidiary, shall be included in  the period of such employee's employment in such bank.\nL.1953, c. 124, p. 1316, s. 16.  Amended by L.1968, c. 37, s. 3, eff. May 9, 1968.","path":["TITLE 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE \t\t\tAND INSURANCE"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"ac4d5e4534eabb50658551f0379cb4324da2ddcc1029169fc11d310f6dd880c9","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-17-9a-27.15","next":"us-nj/n.j.-stat.-17-9a-27.17"},"notice":"GroundRules: Original legal text. Not legal advice."}