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Bill > A4687


NJ A4687

NJ A4687
Changes eligibility of Administrative Law Judges from DCRP to PERS.


summary

Introduced
09/29/2022
In Committee
09/29/2022
Crossed Over
Passed
Dead
01/08/2024

Introduced Session

2022-2023 Regular Session

Bill Summary

This bill provides for the enrollment 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 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, allowing them to receive service credit in PERS for their time in DCRP. The unfunded liability for the benefits provided by the transfer and enrollment of such judges will be paid by the State to PERS.

Committee Categories

Government Affairs

Sponsors (2)

Last Action

Introduced, Referred to Assembly State and Local Government Committee (on 09/29/2022)

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