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Bill > S2568
NJ S2568
NJ S2568Requires public service employer to certify employment of qualifying employees under federal Public Service Loan Forgiveness Program; requires Secretary of Higher Education to develop materials to promote Public Service Loan Forgiveness Program.
summary
Introduced
05/12/2022
05/12/2022
In Committee
05/12/2022
05/12/2022
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
This bill requires a public service employer to certify the employment of qualifying employees under the federal Public Service Loan Forgiveness Program. For the purposes of certifying employment for educator employees, the employer is required to credit 3.35 hours worked for each hour of lecture or classroom time. Under the bill, this credit does not supersede any greater adjustment factor established by a collective bargaining agreement or employer policy in recognition of additional work associated with lecture or classroom time for the purpose of the Public Service Loan Forgiveness Program. The bill also provides that, in the event that the United States Department of Education permits public service employers to certify employment for past or present individual employees or groups of employees directly with the department or its agents, notwithstanding any other provision of law, a public service employer is permitted to send to the department or its agents the information necessary for employment certification. Under the bill, in the event that a public service employer does not directly certify employment with the United States Department of Education, the public service employer is required to provide notice of renewal and a copy of the Public Service Loan Forgiveness form with the employer information and employment certification sections of the form already completed to: · any employee who requests a Public Service Loan Forgiveness form; · annually for any current employee for whom the public service employer has previously certified employment; and · upon separation for any employee who is ending his or her work with the public service employer. The bill also requires the Secretary of Higher Education, in consultation with the Student Loan Ombudsman designated within the Department of Banking and Insurance, to develop, and update as necessary, materials designed to promote and increase awareness of the federal Public Service Loan Forgiveness Program, including: · a standardized letter for public service employers to distribute to their employees that briefly summarizes the Public Service Loan Forgiveness Program, provides information about what eligible employees are required to do in order to benefit from the program, and recommends that eligible employees contact their student loan servicer for additional resources; · a detailed fact sheet describing the Public Service Loan Forgiveness Program, including the official website addresses maintained by the United State Department of Education for the program and by the United States Department of the Treasury for student loan borrower resources; and · a document containing frequently asked questions about the Public Service Loan Forgiveness Program. Under the bill, each public service employer is required to annually provide to all employees the most recent available version of those materials in written or electronic form. Each public service employer is required to provide a newly hired employee with those same materials within 30 days of the employee's first day of employment by mail, by electronic mail, or during an in-person new employee orientation.
AI Summary
This bill requires public service employers to certify the employment of qualifying employees under the federal Public Service Loan Forgiveness Program. It also requires the Secretary of Higher Education to develop materials to promote awareness of the program. The bill provides specific guidelines for how public service employers should handle employment certification, including crediting educators for additional work associated with lecture or classroom time. Additionally, the bill mandates that public service employers annually provide their employees with information about the loan forgiveness program.
Committee Categories
Education
Sponsors (1)
Last Action
Introduced in the Senate, Referred to Senate Higher Education Committee (on 05/12/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2022/S2568 |
| BillText | https://www.njleg.state.nj.us/Bills/2022/S3000/2568_I1.HTM |
| Bill | https://www.njleg.state.nj.us/Bills/2022/S3000/2568_I1.PDF |
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