{"data":{"id":"us-nj/n.j.-stat.-43-15a-45","jurisdiction":"us-nj","citation":"N.J. Stat. § 43:15A-45","heading":"Allowance for ordinary disability retirement.","body":"45.\tA member upon retirement for ordinary disability shall receive a retirement allowance, which shall consist of:\na.\tAn annuity which shall be the actuarial equivalent of his accumulated deductions together with regular interest and\nb.\tA pension in the amount which, when added to the member's annuity, will provide a total retirement allowance of 1.64% of final compensation multiplied by his number of years of creditable service; provided further, that in no event shall the allowance be less than 43.6% of final compensation.\nc.\tUpon the receipt of proper proofs of the death of a member who has retired on an ordinary disability retirement allowance, there shall be paid to such member's beneficiary, an amount equal to 1 1/2 times the compensation upon which contributions by the member to the annuity savings fund were based in the last year of creditable service; provided, however, that if such death shall occur after the member shall have attained age 60, the amount payable shall equal 3/16 of such compensation.\nL.1954, c.84, s.45; amended 1955, c.261, s.12; 1966, c.67, s.6; 1971, c.213, s.19, 2001, c.353, s.9.","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":"d7f63297b0f9eaa9b898ac08a730532bf2dbfccde5f6479064ea08712978a58f","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-43-15a-44","next":"us-nj/n.j.-stat.-43-15a-45.1"},"notice":"GroundRules: Original legal text. Not legal advice."}
