Requires State Division of Investment to review pension and annuity fund assets to determine extent to which assets are invested in businesses with ties to foreign adversaries.

This bill requires New Jersey's State Division of Investment to review pension and annuity fund assets to identify investments in foreign companies with ties to U.S. "foreign adversaries" (as defined by the U.S. Commerce Secretary). It specifies that an "equity tie" includes ownership stakes, facilities, or physical presence in such companies, but excludes humanitarian aid activities. Within six months, the Division must report findings and recommend whether to divest funds from these investments to the Governor, Legislature, and State Investment Council. The policy directly affects New Jersey's public pension funds and aims to address national security concerns related to state investments.