NJ A5257

Reduces the required dedication of State lottery proceeds to the Common Pension Fund L investment account from 30% to 27%, effective State Fiscal Year 2026

Establishes a three-year evaluation period to assess whether lottery ticket sales and revenues remain equal to or greater than the base fiscal year (2025) levels

Permanently maintains the 27% dedication rate if the three-year average sales and revenues meet or exceed base year figures; reverts to 30% if they fall short

Requires a third-party review if the State fails to make full annual required pension contributions while operating under the reduced 27% dedication rate

Mandates reversion to the 30% dedication rate if the third-party review determines the reduction has not resulted in higher transfers to the pension investment account