Bill > S1681

This bill expands the scope of review for the Pension and Health Benefits Review Commission, a body responsible for examining legislation related to public employee benefits. Previously, the commission reviewed most, but not all, legislation concerning pension and health care plans for state and other public employees. Now, the commission will be required to review *every* bill, joint resolution, or concurrent resolution introduced in the Legislature that establishes or modifies pension or health care benefits, or affects the financing, procedures, or operations of these plans. This includes various types of retirement plans like defined benefit and defined contribution plans, as well as deferred compensation plans, and any legislation that allows or requires public entities to pay for employee health care benefits, both while actively employed and in retirement. The bill also clarifies the process for the Legislative Budget and Finance Officer to identify such legislation and ensures the commission completes its review and provides its findings and recommendations to the Legislature within a specified timeframe, unless an extension is granted or the matter is deemed urgent. The commission's annual reporting requirements are also updated to reflect this expanded review mandate.

Government Affairs

https://www.njleg.state.nj.us/bill-search/2026/S1681