Permits PERS retiree to return to elective public office after retirement under certain circumstances.

New Jersey Assembly Bill A2377 allows retirees from the Public Employees' Retirement System (PERS) to return to elected public office with their former employer without losing retirement benefits, under specific conditions. It applies to retirees who retired for reasons other than disability, reached the required retirement age at the time of retirement, and return to office after their retirement allowance becomes payable. The bill permits this only if the elected position pays less than $12,000 annually, and the retiree must return to their original public employer (not a different entity). This change modifies existing retirement rules to enable re-entry into elected roles without requiring re-enrollment in PERS. The bill takes immediate effect upon passage.