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Bill > A4313


NJ A4313

NJ A4313
Requires Administrative Law Judges to be enrolled in PERS.


summary

Introduced
06/25/2020
In Committee
06/10/2021
Crossed Over
06/03/2021
Passed
Dead
01/11/2022

Introduced Session

2020-2021 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 requires Workers' Compensation Judges of the Division of Workers' Compensation in the Department of Labor and Workforce Development, and Administrative Law Judges of the Office of Administrative Law, to be enrolled in the Public Employees Retirement System (PERS) rather than the Defined Contribution Retirement Program (DCRP) that they currently participate in. The bill also provides for the transfer of these judges from the DCRP to the PERS within 90 days of the bill's effective date, while allowing them to opt out of the transfer within 30 days. The unfunded liability resulting from the transfer will be paid by the State to the PERS.

Committee Categories

Budget and Finance, Government Affairs, Justice

Sponsors (1)

Last Action

Received in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee (on 06/10/2021)

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