[Second Reprint]

ASSEMBLY, No. 5049

STATE OF NEW JERSEY

221st LEGISLATURE

 

INTRODUCED NOVEMBER 14, 2024

 

 

Sponsored by:

Assemblyman  LOUIS D. GREENWALD

District 6 (Burlington and Camden)

Assemblyman  WILLIAM B. SAMPSON, IV

District 31 (Hudson)

Assemblyman  ROBERT J. KARABINCHAK

District 18 (Middlesex)

Assemblyman  DAN HUTCHISON

District 4 (Atlantic, Camden and Gloucester)

Senator  JAMES BEACH

District 6 (Burlington and Camden)

Senator  ANTHONY M. BUCCO

District 25 (Morris and Passaic)

 

Co-Sponsored by:

Assemblywomen Bagolie, Lopez, Assemblymen Myhre, Rumpf, Peterson, Bailey, Miller, Assemblywomen Dunn, Reynolds-Jackson, Murphy, Senators Sarlo, Polistina, Tiver, Amato, Diegnan, Steinhardt, Greenstein, Cruz-Perez, McKeon, Bramnick, Space, Schepisi, Henry, Moriarty and Singleton

 

 

 

 

SYNOPSIS

     Removes certain limitations on receipt of retirement or death benefits under PFRS under certain circumstances.

 

CURRENT VERSION OF TEXT

     As reported by the Assembly Budget Committee on June 26, 2025, with amendments.

  


An Act concerning certain limitations on the receipt of retirement or death benefits granted under the Police and Firemen’s Retirement System and supplementing P.L.1944, c.255 (C.43:16A-1 et seq.).

 

     Be It Enacted by the Senate and General Assembly of the State of New Jersey:

 

     1.  a.  Notwithstanding any law, rule, or regulation to the contrary, the Board of Trustees of the Police and Firemen’s Retirement System of New Jersey shall not hold in abeyance the retirement or death benefits to which a member of the Police and Firemen’s Retirement System is entitled on the basis of any ongoing civil litigation to which the member is a party 1[or that concerns the members employment]1 2, except that the board may hold in abeyance such benefits on the basis of civil litigation in which the member is challenging a final determination of the board to deny or adjust the member’s benefits2 .

     b.    Nothing herein shall be construed to limit the board’s authority to hold in abeyance the retirement or death benefits to which the member is entitled when a member is subject to criminal charges or dismissed from public employment due to administrative charges.

     c.    The board shall have the authority to adjust the member’s retirement or death benefits based upon the disposition of any legal proceeding to which the member was a party.

 

     2.  This act shall take effect immediately.