New Jersey 2022-2023 Regular Session

New Jersey Assembly Bill A5910

Introduced
1/4/24  
Refer
1/4/24  
Report Pass
1/4/24  
Engrossed
1/8/24  
Enrolled
1/8/24  
Chaptered
1/16/24  

Caption

Increases annual salary of certain public employees and officers.

Impact

The passage of A5910 would amend existing statutory laws regarding the compensation of various state officials, including justices and judges, whose salaries will be adjusted based on the Consumer Price Index. It establishes new salary levels for positions such as the Chief Justice of the Supreme Court and various department heads, reflecting an attempt to align compensation with contemporary economic conditions. This bill not only boosts salaries but also provides a systematic approach for future adjustments, which could foster greater financial stability for these positions.

Summary

A5910 is an act that aims to increase the annual salaries of certain public employees and officials in New Jersey. The bill stipulates significant salary raises for various positions, including the Governor and members of the Legislature. Specifically, the members of the Legislature will see their salaries increase from $49,000 to $82,000 starting in 2026, marking the first salary adjustment since 2002. It also stipulates adjustments based on the Consumer Price Index over a two-year period following 2025, ensuring that salaries for these positions remain responsive to inflation.

Contention

While the bill has received support for its intention to improve compensation for public servants, potential points of contention include concerns over the financial impact on state budgets. Critics may argue that significant salary increases could lead to budgetary strains, particularly in a context where fiscal accountability and moderate spending are prioritized. Moreover, discussions may arise around whether such increases are justifiable given public sentiments on government spending and the current economic climate.

Companion Bills

NJ S4266

Same As Increases annual salary of certain public employees and officers.

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