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Bill > A2377

NJ A2377

NJ A2377
Permits PERS retiree to return to elective public office after retirement under certain circumstances.

summary

Introduced
01/09/2024
In Committee
01/09/2024
Crossed Over
Passed
Dead
01/12/2026

Introduced Session

2024-2025 Regular Session

Bill Summary

This bill provides that a former member of the Public Employees' Retirement System who has been granted a retirement allowance prior to, or on or after, the effective date of this bill, for any cause other than disability, may return to an elective public office position with the former employer, either by appointment to fill a vacancy or by election, without cancellation of the retirement and reenrollment in the system if: (1) the return commences after the retirement allowance becomes due and payable; (2) the former member had attained the service retirement age, applicable to that member, as of the date of retirement; and (3) the compensation for the elective public office held is less than $12,000 per year. This bill will be effective if the qualified status of the retirement system under federal law can be maintained upon its application, and such modifications to the system as may be available will be made to allow for its application. As used in this bill, "former employer" means the public entity from which the former member retired from service performed immediately prior to retirement.

AI Summary

This bill allows a former member of the Public Employees' Retirement System (PERS) who has been granted a retirement allowance to return to an elective public office position with their former employer, either by appointment or election, without cancelling their retirement and reenrolling in the system. The key requirements are that the return must commence after the retirement allowance becomes due and payable, the former member had attained the service retirement age at the time of retirement, and the compensation for the elective public office is less than $12,000 per year. The bill will only take effect if it does not jeopardize the qualified status of the PERS under federal law, and any necessary modifications to the system will be made to allow for its application.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

Introduced, Referred to Assembly State and Local Government Committee (on 01/09/2024)
(3 Companion Bills)

bill text

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Document Type Source Location
State Bill Page https://www.njleg.state.nj.us/bill-search/2024/A2377
BillText https://pub.njleg.gov/Bills/2024/A2500/2377_I1.HTM
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