Bill Text: NJ S3558 | 2022-2023 | Regular Session | Chaptered
Bill Title: Permits receipt of retirement annuities by certain members of JRS who filed for deferred retirement.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Passed) 2023-04-03 - Approved P.L.2023, c.31. [S3558 Detail]
Download: New_Jersey-2022-S3558-Chaptered.html
An Act concerning annuities for certain former members of the Judicial Retirement System who filed for deferred retirement and supplementing P.L.1973, c.140 (C.43:6A-1 et seq.).
Be It Enacted by the Senate and General Assembly of the State of New Jersey:
C.43:6A-11.2 Deferred retirement, annuities, Judicial Retirement System, reactivation.
1. A person who deferred retirement pursuant to section 1 of P.L.2019, c.287 (C.43:6A-11.1) between November 1, 2020 and the effective date of this act, P.L.2023, c.31 (C.43:6A-11.2), and had received annuities from a State-administered retirement account while a member of the Judicial Retirement System pursuant to section 14 of P.L.1973, c.140 (C.43:6A-14), which annuities ceased upon commencing service as a county prosecutor or as the Administrative Director of the Courts, may notify the Division of Pensions and Benefits of the person's election to have the annuities that were received by such person while a member of the Judicial Retirement System reactivated during such person's service as a county prosecutor or as the Administrative Director of the Courts.
2. This act shall take effect immediately, and shall be retroactive to November 1, 2020.
Approved April 3, 2023.
