Bill
Bill > SCR1
NJ SCR1
NJ SCR1Amends State Constitution to require annual contributions by the State and its political subdivisions to State-administered retirement systems. *
summary
Introduced
In Committee
Crossed Over
Passed
Dead
Introduced Session
2010-2011 Regular Session
Bill Summary
AI Summary
This Concurrent Resolution, which is a formal expression of opinion or will agreed to by both houses of the state legislature, proposes an amendment to the State Constitution to mandate that the State and its local governments, referred to as political subdivisions, must make annual payments into the retirement systems they administer. This means that instead of potentially deferring or skipping contributions to fund pensions for state and local employees, the government entities will be legally required to contribute to these retirement funds every year, ensuring the long-term financial health of these systems.
Committee Categories
Budget and Finance, Government Affairs
Sponsors (24)
Robert Andrews (D)*,
Tom Kean (R)*,
Stephen Sweeney (D)*,
Jeff Van Drew (R)*,
Christopher Bateman (R),
Jim Beach (D),
Anthony Bucco (R),
Barbara Buono (D),
Gerald Cardinale (R),
Andrew Ciesla (R),
Richard Codey (D),
Sandra Cunningham (D),
Nia Gill (D),
Robert Gordon (D),
Raymond Lesniak (D),
Fred Madden (D),
Kevin O'Toole (R),
Steven Oroho (R),
Joe Pennacchio (R),
Teresa Ruiz (D),
Paul Sarlo (D),
Nick Scutari (D),
Brian Stack (D),
Joe Vitale (D),
Last Action
Received in the Assembly, Referred to Assembly Appropriations Committee (on 03/22/2010)
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location | Created |
|---|---|---|
| Reprint | https://www.njleg.state.nj.us/2010/Bills/SCR/1_R1.HTM | 05/29/2012 |
| Bill | https://www.njleg.state.nj.us/2010/Bills/SCR/1_I1.HTM | 05/28/2012 |
| Fiscal Note 3/1/10; 1R | https://www.njleg.state.nj.us/2010/Bills/SCR/1_F1.HTM | 04/23/2012 |
| Statement SSG 2/18/10 | https://www.njleg.state.nj.us/2010/Bills/SCR/1_S1.HTM | 04/23/2012 |
Loading...