A 1324 New Jersey General Assembly · 2024-2025 Regular Session

Adds member from Judicial Retirement System to State Investment Council.

This bill (A1324) would add a representative from New Jersey's Judicial Retirement System to the State Investment Council, increasing the Council's membership from 15 to 16 members. The Chief Justice of the New Jersey Supreme Court would designate one board member from the Judicial Retirement System's Board of Trustees to serve on the Council. The State Investment Council is responsible for formulating investment policies for the State's pension funds, including those managed by the Judicial Retirement System. This change would provide the Judicial Retirement System with a dedicated representative on the Council that currently includes representatives from other retirement systems.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2024 Last action Jan 9, 2024
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Jan 9, 2024
Introduced
Introduced in the Assembly, Referred to Assembly State and Local Government Committee
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Chris DePhillips
Chris DePhillips
RRepublican
NJ
40