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January 9, 2025
Question

Is the New Jersey Pension Plan qualified or non-qualified

  • January 9, 2025
  • 1 reply
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    1 reply

    January 13, 2025

    According to the State of New Jersey, their Pension Plan is a qualified plan.

     

    "Since the PERS is a qualified pension plan (emphasis mine) under the provisions of the Internal Revenue Code (IRC), Section 401(a)(17)..."

     

    Please see page 11 of the Public Employees' Retirement System Member Handbook

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