Bill > S1031

Introduced Session

This bill enhances the accidental death benefit in the Public Employees' Retirement System (PERS) for the spouse and children of a member who served as a firefighter, emergency medical technician, paramedic, hazardous materials emergency first responder, or fire instructor. Under current law, the PERS accidental death benefit provides to the surviving spouse a pension of 50 percent of the compensation upon which contributions by the member to PERS were based in the last year of creditable service. This bill increases the pension to 70 percent. The bill also provides an increase in benefits for the children of a member, from 25 percent for one child to 70 percent if there is no surviving spouse. The bill further provides an alternative benefit of $50,000 for the surviving spouse, if it is larger than the 70 percent, annually. The bill also provides that the State will pay the employer-sponsored health insurance program for the member's surviving spouse. The bill will make the benefits identical to those in the Police and Firemen's Retirement System (PFRS). The bill is retroactive to January 1, 2021 and provides that a benefit granted under N.J.S.A.43:15A-49 on or after January 1, 2021 will be converted to the benefit under this bill and a lump sum payment of the difference in the two benefits will be paid dating back to when the original benefit was granted.

AI Summary

Committee Categories

Linda Greenstein (D)*,  Brian Stack (D)*,  Troy Singleton (D), 

Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee (on 01/09/2024)

Official Document