{"data":{"id":"us-nj/n.j.-stat.-43-10-18.15i","jurisdiction":"us-nj","citation":"N.J. Stat. § 43:10-18.15i","heading":"Ratio of increase; calculation","body":"The  \"ratio of increase\"  which shall apply to the pension originally granted to a retirant shall be calculated in accordance with the following percentages as determined by the calendar year in which the retirement became effective; provided that, in no instance shall the amount of the pension paid to any retirant under this supplementary act including payments under future revisions be less than the pension paid under chapter 190, public laws of 1960.\nYear of                 Ratio of\nRetirement               Increase\n1940                    132%\n1941                    120%\n1942                     99%\n1943                     88%\n1944                     85%\n1945                     80%\n1946                     66%\n1947                     45%\n1948                     35%\n1949                     36%\n1950                     35%\n1951                     25%\n1952                     22%\n1953                     21%\n1954                      21%     L. 1971, c. 102, s. 3.","path":["TITLE 43 PENSIONS AND RETIREMENT AND UNEMPLOYMENT \t\t\tCOMPENSATION"],"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":"b8668d3dee1bc5f1402bfb529bed9bd2c518b5f59c2ebd07d9225275cf4a9ec7","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-43-10-18.15h","next":"us-nj/n.j.-stat.-43-10-18.15j"},"notice":"GroundRules: Original legal text. Not legal advice."}
