{"data":{"id":"us-nj/n.j.-stat.-43-4-3.2","jurisdiction":"us-nj","citation":"N.J. Stat. § 43:4-3.2","heading":"Pension increase table","body":"The first $900.00 of the annual pension or the full amount of the pension, if the same is less than $900.00 per year, shall be increased in accordance with a ratio of increase formula calculated in accordance with the percentage applicable for the calendar year of retirement, as follows:\nYear of        Ratio of            Year of       Ratio of\nRetirement      Increase           Retirement     Increase\n1920            88%                 1937          109%\n1921            72%                 1938          106%\n1922            64%                 1939          104%\n1923            61%                 1940          103%\n1924            61%                 1941          101%\n1925            66%                 1942           96%\n1926            66%                 1943           87%\n1927            65%                 1944           79%\n1928            65%                 1945           70%\n1929            65%                 1946           61%\n1930            66%                 1947           51%\n1931            71%                 1948           41%\n1932            79%                 1949           33%\n1933            89%                 1950           26%\n1934            99%                 1951           19%\n1935           107%                 1952           15%\n1936           111%                 1953           12%\n1954           10%\nL.1967, c. 294, s. 2, eff. Feb. 15, 1968.","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":"5252c4fe052fe0d2d925572a2e24f307166227c043c282878ff8bddc480fe3b4","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-43-4-3.1","next":"us-nj/n.j.-stat.-43-4-3.3"},"notice":"GroundRules: Original legal text. Not legal advice."}