Loading chat...
NJ S2009
Bill
Status
1/9/2024
Primary Sponsor
Vin Gopal
Click for details
AI Summary
-
Expands the definition of "child" under New Jersey's Police and Firemen's Retirement System (PFRS) and State Police Retirement System (SPRS) to include unmarried children under age 24 enrolled full-time (at least 12 credit hours per semester) in a higher education degree program
-
Removes the current requirement that full-time college students ages 18-23 qualify as "children" only if the member died in the line of duty from an accident during actual performance of duty
-
Allows children of any deceased PFRS or SPRS member to receive survivor benefits while enrolled in college, regardless of whether the member's death was service-related
-
Maintains existing eligibility categories: children under 18, those 18+ enrolled in secondary school, and disabled children of any age with intellectual or physical incapacity lasting at least 12 months
-
Takes effect immediately upon enactment and amends P.L.1944, c.255 and P.L.1965, c.89
Legislative Description
Requires certain boards of education to select minimum of three financial institutions or pension management organizations to provide tax sheltered annuity plans.
Education
Last Action
Introduced in the Senate, Referred to Senate Education Committee
1/9/2024