Increases minimum salary of teaching staff members in school districts and educational services commissions.

This bill increases the minimum annual salary for full-time public school teachers in New Jersey from $18,500 to $60,000 (with $61,500 for teachers holding a master's degree or higher), effective for the 2022-2023 school year and all future hires. It directly affects all public school teachers in New Jersey school districts and educational services commissions who are certified as performing acceptably. The bill mandates that school districts cannot pay below these new minimums and requires the state to cover the full difference between current salaries and the new minimums for the 2022-2023 school year, phasing down to zero funding by 2027-2028. This establishes a concrete policy change in teacher compensation standards without altering existing collective bargaining agreements.