Bill

Bill > S3713


NJ S3713

Requires pay for extracurricular activities to be included in compensation for TPAF purposes.


summary

Introduced
10/07/2024
In Committee
12/16/2024
Crossed Over
Passed
Dead

Introduced Session

2024-2025 Regular Session

Bill Summary

This bill amends the definition of compensation for purposes of the Teachers' Pension and Annuity Fund (TPAF) to include additional pay for performing extracurricular duties beyond the regular school day or the regular school year. This additional pay is currently not included in the definition of compensation for pension purposes. Extracurricular duties include, but are not limited to, preparation for and involvement in public performances, contests, athletic competitions, demonstrations, displays, and club activities.

AI Summary

This bill amends the definition of "compensation" for the purposes of the Teachers' Pension and Annuity Fund (TPAF) to include additional pay for performing extracurricular duties beyond the regular school day or school year. This additional pay was previously not included in the definition of compensation for pension purposes. Extracurricular duties include activities such as preparation for and involvement in public performances, contests, athletic competitions, demonstrations, displays, and club activities.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (4)

Last Action

Referred to Senate Budget and Appropriations Committee (on 12/16/2024)

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