New Jersey 2024-2025 Regular Session

New Jersey Senate Bill S1835

Introduced
1/9/24  

Caption

Expands scope of review of Pension and Health Benefits Review Commission.

Impact

One of the significant impacts of S1835 is that it creates a requirement for the Legislative Budget and Finance Officer to determine whether a bill constitutes pension or health benefits legislation within a specified timeframe of 20 days post-introduction. If identified as such, the Pension and Health Benefits Review Commission must then complete its analysis and provide recommendations within 45 days. This structured review process is intended to enhance legislative scrutiny, ensuring that the potential fiscal implications on public employers and employees are clearly understood before bills can be considered for vote or passage.

Summary

Senate Bill S1835 serves to expand the scope of review for the Pension and Health Benefits Review Commission in New Jersey. This bill mandates that the Commission will now review every piece of legislation introduced in either house of the legislature that establishes or modifies pension and health care benefits, as well as those affecting the financial operations of related programs. The bill aims to establish a more comprehensive evaluation process for any bills concerning public employee pension and health care plans, thereby ensuring that all relevant legislation undergoes thorough assessment before enactment.

Contention

There may be points of contention surrounding the implementation of this bill. Critics might argue that the expanded review requirements could slow down the legislative process, potentially hindering timely responses to urgent needs in pension and health benefits legislation. On the other hand, supporters may argue that this additional scrutiny fosters higher standards for public accountability and better protects public employees' interests. Balancing efficiency in legislative action with thorough oversight will be a key focus in discussions regarding the bill's implications.

Companion Bills

NJ A199

Same As Expands scope of review of Pension and Health Benefits Review Commission.

NJ A105

Carry Over Expands scope of review of Pension and Health Benefits Review Commission.

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