Requires certain employers to provide certain employees with notifications concerning federal Public Service Loan Forgiveness program.

This New Jersey bill (A-2347) requires employers designated as qualifying under the federal Public Service Loan Forgiveness (PSLF) program to inform new employees about the PSLF program during initial benefits explanations. It mandates employers to explain both potential eligibility and specific requirements, including working at least 30 hours per week for a qualifying employer, having Direct Loans or consolidated federal student loans, repaying under an income-driven plan, and making 120 qualifying payments. The law directly affects eligible employers in New Jersey and their new hires with federal student loans. It aims to clarify access to a federal loan forgiveness program through mandatory employer communication at hiring. The bill takes effect immediately upon enactment.