N.J. Admin. Code § 17:16-65.1

Current through Register Vol. 56, No. 24, December 18, 2024

Section 17:16-65.1 - General provisions

(a) Pursuant to N.J.S.A. 52:18A-163 et seq., there are hereby created in the Division four common funds to be known as the New Jersey State Employees Deferred Compensation Equity Fund, the New Jersey State Employees Deferred Compensation Small Capitalization Equity Fund, the New Jersey State Employees Deferred Compensation Fixed Income Fund and the New Jersey State Employees Deferred Compensation Cash Management Fund (collectively, the Common Funds).

(b) At the election of participants in the New Jersey State Employees Deferred Compensation Plan (the DCP), moneys from salary deductions shall be deposited in the Common Funds or in approved investment options offered and managed by outside vendors (collectively, the Outside Funds) pursuant to the procedures described in this subchapter. Collectively, the Common Funds and the Outside Funds shall be referred to as the DCP Funds.

(c) The participation of State employees in the DCP is subject to the rules of the DCP as established by the New Jersey State Employees Deferred Compensation Board.

N.J. Admin. Code § 17:16-65.1

Amended by R.1998 d.32, effective 1/5/1998.
See: 29 N.J.R. 4410(c), 30 N.J.R. 106(d).
Added the New Jersey State Employees Small Capitalization Equity Fund to the list of common funds.
Amended by R.2001 d.119, effective 4/2/2001.
See: 33 N.J.R. 372(b), 33 N.J.R. 1115(a).
Inserted "Fixed" following "Compensation".
Amended by R.2005 d.347, effective 10/17/2005.
See: 37 N.J.R. 2150(a), 37 N.J.R. 4032(a).
Rewrote the section.
Amended by R.2006 d.317, effective 9/5/2006.
See: 38 N.J.R. 2039(a), 38 N.J.R. 3632(a).
Section was "Definition". Section combined with former N.J.A.C. 17:16-65.2, Participation in the New Jersey State Employees Deferred Compensation Plan, and substantially amended.
Amended by R.2012 d.194, effective 12/3/2012.
See: 44 N.J.R. 1966(a), 44 N.J.R. 2999(b).
Rewrote (b); in (c), inserted "in the DCP", and substituted "rules of the DCP" for "Plan".