ASSEMBLY STATE AND LOCAL GOVERNMENT COMMITTEE

STATEMENT TO

ASSEMBLY, No. 3779

STATE OF NEW JERSEY

DATED:  JUNE 24, 2024

      The Assembly State and Local Government Committee reports favorably Assembly Bill No. 3779.

      This bill changes the membership requirements for the board of trustees of the State Police Retirement System (SPRS).  Under the bill, two members appointed by the Governor will no longer be required to be private citizens who are neither an active nor retired member of the system.

      The SPRS board of trustees currently consists of two active or retired members of SPRS, two private citizens appointed by the Governor, and the State Treasurer.  The board of trustees is responsible for the operations of the SPRS in accordance with current law and administrative regulations.

      As reported by the committee, Assembly Bill No. 3779 is identical to Senate Bill No. 2810, which was also reported by the committee on this date.