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Bill > A373


NJ A373

NJ A373
Allows consideration of purchased PERS credit for federal service abroad in Central Intelligence Agency to qualify for employer-provided health care benefits in retirement.


summary

Introduced
01/14/2020
In Committee
01/14/2020
Crossed Over
Passed
Dead
01/11/2022

Introduced Session

2020-2021 Regular Session

Bill Summary

This bill provides an exception to a statute providing that a purchase of service credit in the Public Employees' Retirement System (PERS) for employment in other states or with the United States Government, made on or after November 1, 2008, except a purchase for military service in the Armed Forces of the United States, will not be eligible for consideration when service is used to determine the qualification of the PERS member for any health care benefits coverage paid, in whole or in part, by a public employer after the member's retirement. The bill adds a second exception, a purchase after that date for service abroad with the United States Government in the Central Intelligence Agency.

AI Summary

This bill provides an exception to a statute that excludes certain purchased service credit in the Public Employees' Retirement System (PERS) from consideration for determining eligibility for employer-provided health care benefits in retirement. Specifically, the bill adds an exception for service abroad with the United States Government in the Central Intelligence Agency, in addition to the existing exception for military service in the Armed Forces of the United States. This change allows these types of purchased service credits to be counted towards determining a PERS member's eligibility for employer-provided health care benefits in retirement.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

Introduced, Referred to Assembly State and Local Government Committee (on 01/14/2020)

bill text


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