ASSEMBLY STATE AND LOCAL GOVERNMENT COMMITTEE

STATEMENT TO

ASSEMBLY, No. 4590

with committee amendments

STATE OF NEW JERSEY

DATED:  JANUARY 23, 2025

      The Assembly State and Local Government Committee reports favorably and with committee amendments Assembly Bill No. 4590.

Under current law, a period of service in the United States Armed Forces qualifies as military service that a member of the Public Employees’ Retirement System (PERS), Teachers’ Pension and Annuity Fund (TPAF), the Police and Firemen’s Retirement System (PFRS), and State Police Retirement System (SPRS) may purchase for retirement purposes. 

     As amended by the committee, this bill permits the purchase of the period of enrollment in a United States military service academy. 

     The four service academies affiliated with the United States military educate young people to serve as commissioned officers in the various branches of the United States Armed Forces.  They are the only academies whose students are on active duty in the United State Armed Forces from the day they enter the academy, with the rank of cadet and midshipman and subject to the Uniform Code of Military Justice.

     The military service academies are the United States Military Academy, Naval Academy, Air Force Academy, and the Coast Guard Academy.

COMMITTEE AMENDMENTS

      The committee amendments make technical changes to update a section of the bill to its current law version.