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Bill > A4901


NJ A4901

NJ A4901
Changes eligibility of Workers' Compensation Judges and Administrative Law Judges from DCRP to PERS.


summary

Introduced
01/17/2019
In Committee
01/17/2019
Crossed Over
Passed
Dead
01/08/2020

Introduced Session

2018-2019 Regular Session

Bill Summary

This bill provides for the enrollment of Workers' Compensation Judges of the Division of Workers' Compensation in the Department of Labor and Workforce Development. and of Administrative Law Judges of the Office of Administrative Law.in the Public Employees Retirement System (PERS). These judges currently participate in the Defined Contribution Retirement Program (DCRP). The bill also provides for the transfer into PERS of all judges currently participating in the DCRP.

AI Summary

This bill provides for the enrollment of Workers' Compensation Judges and Administrative Law Judges in the Public Employees Retirement System (PERS) instead of the Defined Contribution Retirement Program (DCRP). The bill transfers all judges currently participating in the DCRP into PERS within 90 days, with an option for them to opt out. The unfunded liability for the benefits provided by this transfer will be paid by the State to PERS.

Committee Categories

Government Affairs

Sponsors (4)

Last Action

Introduced, Referred to Assembly State and Local Government Committee (on 01/17/2019)

bill text


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