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NJ A5791
Bill
Status
6/16/2025
Primary Sponsor
Carol Murphy
Click for details
AI Summary
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Allows active members of the Prosecutors Part of the Public Employees' Retirement System (PERS) enrolled before the bill's effective date to retire with 20 or more years of service credit regardless of age
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Eligible members may retire on or after the effective date but no later than 60 months (5 years) following the effective date
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Qualifying members receive a service retirement allowance equal to 50 percent of their final compensation
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Current law requires members to be at least 55 years old with 20 years of service credit to receive the 50 percent retirement allowance
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Updates terminology from "Board of Chosen Freeholders" to "board of county commissioners" in existing statute language
Legislative Description
Permits certain members of Prosecutors Part of PERS to qualify for service retirement with 20 or more years of service.
State and Local Government
Last Action
Introduced, Referred to Assembly State and Local Government Committee
6/16/2025