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Bill > S3088


NJ S3088

NJ S3088
Provides for enhanced benefits for certain firefighters, corrections officers, and county police officers enrolled in PERS.


summary

Introduced
10/29/2020
In Committee
10/29/2020
Crossed Over
Passed
Dead
01/11/2022

Introduced Session

2020-2021 Regular Session

Bill Summary

A law enacted in 1955 established the law enforcement officer (LEO) category as a special group of the Public Employees' Retirement System (PERS). The members of the LEO group are eligible for enhanced retirement benefits not available to regular PERS members. Under current law, the category of individuals authorized to participate as LEO members is limited and is specifically defined in the law by the title of the eligible position. An individual who does not meet the age or medical requirements for entry into the Police and Firemen's Retirement System (PFRS) as a result of employment in a title specifically named in that law is eligible to participate in the LEO category or as a regular member of the PERS. An individual employed in an eligible job title who meets the enrollment criteria is enrolled in the LEO category of PERS membership, unless the member specifically signs a waiver. A LEO-eligible individual who signs the waiver is enrolled as a non-law enforcement officer in the regular PERS retirement system; however, any member holding a LEO-eligible title is subject to the mandatory retirement provision of the current law. This bill provides that a county corrections officer, county corrections sergeant, county corrections lieutenant, county corrections captain, and an investigator in a county department of corrections, and an officer, detective, sergeant, lieutenant, and captain of a county police department, and any permanent and fulltime firefighter employed by the State, a county, fire district, or a municipality, or agency thereof, who is enrolled in the PERS before or after the effective date of this bill will be enrolled in the law enforcement officer category of the PERS, unless the member signs a waiver of participation. Upon enrollment in the law enforcement officer category, these members will be eligible for the enhanced benefits provided to LEO group members.

AI Summary

This bill provides for enhanced benefits for certain firefighters, corrections officers, and county police officers enrolled in the Public Employees' Retirement System (PERS). Specifically, it expands the definition of "law enforcement officer" within PERS to include county corrections officers, county police officers, and full-time firefighters employed by the state, county, fire district, or municipality. These employees will be automatically enrolled in the law enforcement officer category of PERS, which offers more generous retirement benefits, unless they sign a waiver to remain in the regular PERS system. The bill also ensures that any prior service credit for these employees in PERS will be counted towards their law enforcement officer category.

Committee Categories

Government Affairs

Sponsors (2)

Last Action

Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee (on 10/29/2020)

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