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  • NJ S3311
  • Requires early retirement incentive offer before public safety department layoffs in municipalities in need of stabilization and recovery.*
Introduced
(6/12/2017)
In Committee
(6/26/2017)
Crossed Over
(7/4/2017)
Passed
(7/31/2017)
Signed
(8/25/2017)
Dead/Failed/Vetoed
2016-2017 Regular Session
This bill amends existing law to provide that a municipality in need of stabilization and recovery that offers its employees a retirement incentive program will not pay interest on the amount of its liability to the retirement system and to reduce from 15 years to 10 years the maximum allowable period over which the municipality may pay the liability to the retirement system.
2nd Reading in the Assembly, 2nd Reading in the Senate, Bills and Joint Resolutions Signed by the Governor, Budget and Appropriations, Passed both Houses, Passed Senate
Approved P.L.2017, c.232.  (on 8/25/2017)
 
 

Date Chamber Action Description
8/25/2017 A Approved P.L.2017, c.232.
7/31/2017 A Passed Assembly (Passed Both Houses) (47-19-2)
7/31/2017 A Motion To Table (42-24-0) (Greenwald)
7/31/2017 A Motion To Aa (Schepisi)
7/31/2017 A Substituted for A4840 (2R)
7/4/2017 S Passed by the Senate (22-12)
6/29/2017 A Received in the Assembly without Reference, 2nd Reading
6/29/2017 S Senate Amendment (25-0) (Sweeney)
6/26/2017 S Reported from Senate Committee with Amendments, 2nd Reading
6/26/2017 Senate Budget and Appropriations Hearing (19:00 6/26/2017 * Revised 6/26/17 - S-4, S-1285, S-3095 / A-4673, S-3299 and S-3)
6/12/2017 S Introduced in the Senate, Referred to Senate Budget and Appropriations Committee
Date Motion Yea Nay Other
Detail 7/31/2017 Assembly Floor: Third Reading - Final Passage 47 19 13
Detail 7/31/2017 Assembly Floor: Table Motion 42 24 13
Detail 7/31/2017 Assembly Floor: Substitute For A4840 Aca (Voice Vote) 0 0 0
Detail 7/4/2017 Senate Floor: Third Reading - Final Passage 22 12 6
Detail 6/29/2017 Senate Floor: Amend 25 0 15
Detail 6/29/2017 Senate Floor: Second Reading (Voice Vote) 0 0 0
Detail 6/26/2017 Senate Budget and Appropriations Committee: Reported with Amendments 8 2 3