[HISTORY: Adopted by the Township Committee (now Mayor and Council) of the Township of North Brunswick 4-6-1964. Amendments noted where applicable.]
In all cases where an elected Tax Collector in the Township of North Brunswick shall have completed his elected term of office and, having reached the age of 80 years, has not stood for reelection and is not receiving any pension from any state fund, he shall receive a pension of $1,200 per annum from the Township of North Brunswick, payable monthly and beginning immediately after the expiration of his last term of office.
All moneys payable under such pension shall be from the funds allocated to the tax office in the general budget.
The aforesaid sum of $1,200 as pension shall be in addition to any amount which he may obtain under the social security old-age insurance benefit allowance.