Requires Division of Pensions and Benefits to provide report on available funds in local government part of SHBP prior to transferring funds from State part of SHBP; requires monthly reporting on certain assets in SHBP.

This bill requires New Jersey's Division of Pensions and Benefits to provide specific financial reports before transferring funds between the State and local government portions of the State Health Benefits Program (SHBP). Before moving money from the State fund to local funds, the Division must report available local fund balances, claims payable, and anticipated premiums. It also mandates monthly reports to the State Health Benefits Commission on cash balances, claims costs, and premiums collected for both the State and local SHBP funds. These requirements apply to the State Health Benefits Program, which covers health benefits for state and local government employees and retirees.