Establishes geriatric parole for certain eligible inmates.

This bill establishes geriatric parole for New Jersey inmates who are 60 or older and have served at least half their sentence, or 65 or older and have served at least one-third their sentence. The parole board must consider factors like age, time served, and diminished physical condition when reviewing requests, while excluding inmates serving sentences for certain serious offenses including sex offenses, murder, robbery, or financial crimes involving fraud. The board must notify sentencing courts, prosecutors, and victims before making a decision, and a denial of geriatric parole doesn't prevent inmates from being considered for regular parole under existing rules. This policy aims to provide an alternative to long-term incarceration for elderly inmates who pose minimal public safety risk.