New Jersey Senate Bill S3713

New Jersey 2024-2025 Regular Session

• Introduced: 10/7/24
• Refer: 10/7/24
• Report Pass: 12/16/24
• Refer: 12/16/24
• Report Pass: 6/26/25

Caption

Requires pay for extracurricular activities to be included in compensation for TPAF purposes.

Impact

If enacted, this bill would have significant implications for the pension calculations of many teachers in New Jersey. By allowing for the inclusion of extracurricular pay in pension computations, teachers who dedicate their time beyond the classroom to engage students in various activities would see a positive impact on their retirement benefits. This adjustment acknowledges the essential role that extracurricular activities play in the educational experience, as well as the personal dedication of teachers who invest extra hours into these activities.

Summary

Senate Bill S3713, introduced by Senator Vincent J. Polistina, proposes an amendment to the definition of 'compensation' for the purposes of the Teachers' Pension and Annuity Fund (TPAF). The bill includes additional pay for teachers performing extracurricular duties outside regular school hours, such as coaching, leading clubs, and participating in public performances. Previously, this additional remuneration was excluded from the calculation of a teacher's pension benefits. The intent behind this amendment is to better reflect the true compensation of educators who take on these important roles for their students and schools.

Contention

While the bill appears to have garnered support, there may be concerns related to eligibility and implementation. Debates may arise regarding the definition of 'extracurricular duties' and whether certain activities should qualify. Additionally, budgetary implications may be examined, as including this additional compensation in pension calculations could impact the overall funding requirements of the Teachers' Pension and Annuity Fund. Stakeholders may also discuss the potential for disparities, where teachers at smaller schools may not have the same opportunities for extracurricular engagements as those at larger institutions.