Bill Text: NJ S2153 | 2024-2025 | Regular Session | Introduced

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Bill Title: Permits certain retired public employees in PERS to collect pension while also collecting salary as an elected official.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2024-01-09 - Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee [S2153 Detail]

Download: New_Jersey-2024-S2153-Introduced.html

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SENATE, No. 2153

STATE OF NEW JERSEY

221st LEGISLATURE

 

PRE-FILED FOR INTRODUCTION IN THE 2024 SESSION

 

 

Sponsored by:

Senator  JOSEPH P. CRYAN

District 20 (Union)

 

 

 

 

SYNOPSIS

     Permits certain retired public employees in PERS to collect pension while also collecting salary as an elected official.

 

CURRENT VERSION OF TEXT

     Introduced Pending Technical Review by Legislative Counsel.

  

An Act concerning the retirement of certain elected public officials who are members of the Public Employees' Retirement System and supplementing P.L.1954, c.84 (C.43:15A-1 et seq.).

 

     Be It Enacted by the Senate and General Assembly of the State of New Jersey:

 

     1.    Notwithstanding any contrary provision of P.L.1954, c.84 (C.43:15A-1 et seq.), and except as may be otherwise provided in P.L.1972, c.167 (C.43:15A-135 et seq.), a member of the retirement system who is serving as an elected official on the effective date of this act, P.L.    , c.    (C.    )(pending before the Legislature as this bill), shall be eligible to retire while holding public office to which the member was elected and receiving the full salary for that office if the retirement allowance is not based solely on the member's service in the public office to which the member was elected, and no contributions shall be required of the member covering that service.

 

     2.    This act shall take effect immediately.

 

 

STATEMENT

 

     This bill permits members of the Public Employees' Retirement System who are serving as an elected official on the bill's effective date to be eligible to retire and receive pension benefits while continuing to hold elected office and receive the full salary for that office if their retirement allowance is not based solely on service in the public office to which they were elected.  No contributions will be required of the member covering that service.

     A provision of law identical to the one in this bill was repealed in 2011, but this bill will be limited to current elected office holders.