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
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
0
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
Chris DePhillips
RRepublican
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