A 4462 New Jersey General Assembly · 2024-2025 Regular Session

Eliminates salary reference for retired members of PERS returning to employment in teaching staff positions.

This bill eliminates a $10,000 annual salary threshold that previously applied to retired Public Employees' Retirement System (PERS) members returning to teaching positions at public institutions of higher education. Under current law, retirees in these roles had to earn over $10,000 annually to avoid having their retirement benefits canceled and re-enrolled in the system. The bill removes this salary reference entirely, meaning retired teachers returning to such positions will automatically retain their retirement benefits regardless of their new salary. It directly affects retired PERS members employed in teaching staff roles at public colleges or universities. The change aligns with legislative intent to simplify the policy, as the $10,000 threshold was deemed outdated.
Bill status in committee 1 of 4 stages cleared
Introduction
Jun 2024
Committee Review
Floor Vote
Governor
Introduced Jun 3, 2024 Last action Jun 3, 2024
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Jun 3, 2024
Introduced
Introduced in the Assembly, Referred to Assembly State and Local Government Committee
lower
2 primary · 0 co-sponsors

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