NJ A3525

Bill

Extends membership in TPAF to four years after discontinuance of service and to 20 years for those who were laid off or had 10 or more years of continuous service upon voluntary termination.

Introduced
02/05/2024

In Committee
02/05/2024

Crossed Over

Passed

Dead
01/12/2026

Introduced Session

2024-2025 Regular Session

Bill Summary

This bill extends the length of time a member of the Teachers' Pension and Annuity Fund (TPAF) can discontinue their service and still maintain their membership in the TPAF. Under current law, membership in the TPAF ceases if an individual discontinues service for more than two years. This bill extends the period of discontinuance to four years. This bill also extends the length of time a member who left service for certain qualifying reasons may return to service and includes among the qualifying reasons those who voluntarily left service with 10 or more years of service credit. Under current law, membership in the TPAF may continue if the member returns to service within a period of 10 years from the date of discontinuance from service. This bill extends the period of discontinuance to 20 years. This bill directs the Division of Pension and Benefits to enroll a member of TPAF, who terminated their employment before the effective date of this bill, in the membership tier they were enrolled in prior to termination of employment if the member returned to employment within 20 years, as permitted under the law, and had not withdrawn their accumulated deductions. No additional contributions will be imposed on either the member or the member's employer.

AI Summary

This bill extends the length of time a member of the Teachers' Pension and Annuity Fund (TPAF) can discontinue their service and still maintain their membership in the TPAF. Under current law, membership in the TPAF ceases if an individual discontinues service for more than two years, but this bill extends the period to four years. The bill also extends the length of time a member who left service for certain qualifying reasons may return to service, including those who voluntarily left service with 10 or more years of service credit. The current 10-year period is extended to 20 years. Additionally, the bill directs the Division of Pension and Benefits to enroll a TPAF member, who terminated employment before the effective date of this bill, in the same membership tier they were enrolled in prior to termination if the member returned to employment within 20 years and had not withdrawn their accumulated deductions, without imposing any additional contributions.

Committee Categories

Government Affairs

Sponsors (2)

John Azzariti (R)*, Aura Dunn (R)*,

Last Action

Introduced, Referred to Assembly State and Local Government Committee (on 02/05/2024)

Official Document

https://www.njleg.state.nj.us/bill-search/2024/A3525

(2 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://www.njleg.state.nj.us/bill-search/2024/A3525
BillText	https://pub.njleg.gov/Bills/2024/A4000/3525_I1.HTM

Bill	Bill Name	Last Action	Type
S2130	Extends membership in TPAF to four years after discontinuance of service and to 20 years for those who were laid off or had 10 or more years of continuous service upon voluntary termination.	Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee	Same As
S3755	Extends membership in TPAF to four years after discontinuance of service and to 20 years for those who were laid off or had 10 or more years of continuous service upon voluntary termination.	Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee	Carry Over

Bill > A3525

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (2)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary