Allows State, municipality, and county to implement automatic enrollment of their employees in deferred compensation plans.

This bill allows New Jersey state, municipal, and county employers to automatically enroll employees in retirement savings plans (deferred compensation plans), with employees able to opt out or choose different contribution levels. It requires employers to set a default savings rate that may increase over time and provide clear notice about enrollment options. Union-represented employees require negotiated terms for enrollment details, rather than automatic enrollment without input. The bill was enacted as law (P.L.2025, c.358) after being introduced and withdrawn in 2026.