ASSEMBLY STATE AND LOCAL GOVERNMENT COMMITTEE

STATEMENT TO

ASSEMBLY, No. 3323

STATE OF NEW JERSEY

DATED:  JUNE 24, 2024

      The Assembly State and Local Government Committee reports favorably Assembly Bill No. 3323.

      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.

      This bill was prefiled for introduction in the 2024-2025 session pending technical review.  As reported, the bill includes the changes required by technical review, which has been performed.