LEGISLATIVE FISCAL ESTIMATE

ASSEMBLY, No. 5034

STATE OF NEW JERSEY

222nd LEGISLATURE

 

DATED: MAY 18, 2026

 

 

SUMMARY

 

Synopsis:

Establishes that Superintendent of State Police holds rank of Colonel of State Police; permits appointment of retirant without reenrollment in SPRS.

Type of Impact:

Potential annual State expenditure decrease.

Agencies Affected:

Division of State Police in the Department of Law and Public Safety; Department of the Treasury.

 

 

Office of Legislative Services Estimate

Fiscal Impact

 

 

Potential Annual State Expenditure Decrease

Indeterminate

 

 

·         The Office of Legislative Services (OLS) estimates that this bill may result in indeterminate annual State expenditure reductions in State pension contributions for the duration of the current Superintendent’s appointment, provided that the Superintendent meets the bill’s criteria to be exempt from reenrollment in the State Police Retirement System. The potential expenditure reduction would result from the Superintendent not earning any additional pension credits during the Superintendent’s tenure.

 

 

BILL DESCRIPTION

 

      This bill establishes that the Superintendent of State Police is to hold the rank of Colonel of State Police and permits the appointment of a retirant without reenrollment in the State Police Retirement System.

      Under the provisions of this bill, the superintendent is to hold the uniformed rank of Colonel of the State Police and is entitled to wear the corresponding uniform. The bill grants the superintendent all privileges and powers conferred upon members of the State Police pursuant to current law.

      In addition, the bill reaffirms that the superintendent is to receive a salary in the amount of $210,000 as provided in current law.

      In addition, under the bill, a person who is a retirant of the State Police Retirement System is eligible for appointment as the Superintendent of State Police without having to reenroll in the State Police Retirement System, subject to certain conditions.

      Finally, the bill provides that a person appointed as Superintendent holds the rank of Colonel regardless of age or retirant status under the State Police Retirement System Act provided that the person completes the requirements set forth under the bill and previously retired in good standing.

 

 

FISCAL ANALYSIS

 

EXECUTIVE BRANCH

 

      None received.

 

OFFICE OF LEGISLATIVE SERVICES

 

      The OLS estimates that this bill may result in indeterminate annual State expenditure reductions in State pension contributions for the duration of the current Superintendent’s appointment, provided that the Superintendent meets the bill’s criteria to be exempt from reenrollment in the State Police Retirement System. The potential expenditure reduction would result from the Superintendent not earning any additional pension credits during the Superintendent’s tenure.  

      The OLS cannot precisely determine the bill’s impact on future State costs, as the number of years the current appointee will serve as Superintendent and the retirement circumstances of future appointees are unknown.

 

 

Section:

Law and Public Safety Section & State Government Section                                                   

Analysts:

Kristin Brunner Santos                                                 

Lead Fiscal Analyst

 

Anna Harris

Associate Fiscal Analyst                                                  

Approved:

Thomas Koenig

Legislative Budget and Finance Officer

 

 

This legislative fiscal estimate has been produced by the Office of Legislative Services due to the failure of the Executive Branch to respond to our request for a fiscal note.

 

This fiscal estimate has been prepared pursuant to P.L.1980, c.67 (C.52:13B-6 et seq.).