[First Reprint] ASSEMBLY, No. 5049 STATE OF NEW JERSEY 221st LEGISLATURE INTRODUCED NOVEMBER 14, 2024
[First 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) Co-Sponsored by: Assemblywomen Bagolie, Lopez, Assemblymen Myhre, Rumpf, Peterson, Bailey and Miller SYNOPSIS Removes certain limitations on receipt of retirement or death benefits under PFRS. CURRENT VERSION OF TEXT As reported by the Assembly Appropriations Committee on March 20, 2025, with amendments.
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)
Co-Sponsored by:
Assemblywomen Bagolie, Lopez, Assemblymen Myhre, Rumpf, Peterson, Bailey and Miller
SYNOPSIS
Removes certain limitations on receipt of retirement or death benefits under PFRS.
CURRENT VERSION OF TEXT
As reported by the Assembly Appropriations Committee on March 20, 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. 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.
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.
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.