{"data":{"id":"us-nj/n.j.-stat.-18a-66-71.2","jurisdiction":"us-nj","citation":"N.J. Stat. § 18A:66-71.2","heading":"Increase in retirement allowance under subsection a. of N.J.S.18A:66-71 and N.J.S.18A:66-47.","body":"7.\tThe retirement allowance of each retiree under subsection a. of N.J.S.18A:66-71, or the retiree's beneficiary pursuant to N.J.S.18A:66-47, on the effective date of P.L.2001, c.353, shall be increased from 50% to 54.5% of the compensation for which contributions were made during the 12-month period of membership providing the largest possible benefit to the member or the member's beneficiary.  The provisions of section 7 of P.L.1969, c.169 (C.43:3B-8) shall not be applicable to the increases in retirement allowances provided by this section.\nL.2001,c.353,s.7.","path":["TITLE 18A EDUCATION"],"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":"3b896df09e33a445be3380a4765ed50769df22e4ebeb27716acdbcefc59f9480","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-18a-66-71.1","next":"us-nj/n.j.-stat.-18a-66-71.3"},"notice":"GroundRules: Original legal text. Not legal advice."}