SENATE STATE GOVERNMENT, WAGERING, TOURISM & HISTORIC PRESERVATION COMMITTEE

 

STATEMENT TO

 

SENATE, No. 3812

 

STATE OF NEW JERSEY

 

DATED:  DECEMBER 19, 2024

 

      The Senate State Government, Wagering, Tourism & Historic Preservation Committee reports favorably Senate Bill No. 3812.

      This bill removes certain limitations on the receipt of retirement or death benefits granted to members under the Police and Firemen’s Retirement System (PFRS).

       Pursuant to regulation, the Board of Trustees of PFRS withholds retirement or death benefits if the entitled member is subject to criminal charges, dismissed from public employment due to administrative charges, or the member has pending civil litigation pertaining to the member’s employment.  This bill removes the board’s ability to withhold retirement or death benefits on the basis the entitled member has pending civil litigation.  Under the bill, the board will have the ability to adjust the member’s retirement or death benefits following the disposition of any legal proceeding.