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Bill > A5469
NJ A5469
NJ A5469Provides for purchase of PFRS credit for service as class two special law enforcement officer.
summary
Introduced
05/18/2023
05/18/2023
In Committee
12/11/2023
12/11/2023
Crossed Over
12/07/2023
12/07/2023
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
Provides for purchase of PFRS credit for service as class two special law enforcement officer.
AI Summary
This bill provides for the purchase of Police and Firemen's Retirement System (PFRS) credit for service as a class two special law enforcement officer. Members of PFRS may purchase credit for this prior service, with certain conditions. The bill allows for a purchase period of up to 10 years, and the employer is not liable for any payments related to this purchase. Members who retire before completing the payments will receive pro-rata credit for the service purchased prior to retirement, and current PFRS members have one year from the effective date of the bill to apply for such a purchase.
Committee Categories
Government Affairs
Sponsors (6)
Robert Karabinchak (D)*,
Anthony Verrelli (D)*,
Benjie Wimberly (D)*,
Carol Murphy (D),
Kevin Rooney (R),
Shanique Speight (D),
Last Action
Received in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee (on 12/11/2023)
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/A5469 |
| Fiscal Note - Fiscal Estimate 12/11/23; as introduced | https://pub.njleg.gov/Bills/2022/A5500/5469_E1.PDF |
| Analysis - Statement ASL 11/30/23 | https://pub.njleg.gov/Bills/2022/A5500/5469_S1.PDF |
| BillText | https://pub.njleg.gov/Bills/2022/A5500/5469_I1.HTM |
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