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Bill > S546


NJ S546

NJ S546
Raises mandatory retirement age for SPRS members from 55 to 60.


summary

Introduced
01/09/2024
In Committee
01/09/2024
Crossed Over
Passed
Dead

Introduced Session

2024-2025 Regular Session

Bill Summary

This bill raises the mandatory retirement age for members of the State Police Retirement System from 55 to 60.

AI Summary

This bill raises the mandatory retirement age for members of the State Police Retirement System from 55 to 60. The key provisions of the bill include: 1. Amending the existing law to change the mandatory retirement age from 55 to 60 for members of the State Police Retirement System, except for the Superintendent of State Police. 2. Allowing members who are under 60 years of age (rather than 55) to apply for ordinary disability retirement. 3. Adjusting the provisions related to accidental disability retirement and death benefits to reflect the new 60-year retirement age. 4. Allowing members who are separated from the service before reaching age 60 (rather than 55) to receive a deferred retirement allowance. The bill aims to raise the mandatory retirement age for State Police Retirement System members, providing more flexibility and extended service for these public safety professionals.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

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

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