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NJ S4605
Bill
Status
6/19/2025
Primary Sponsor
Joseph Lagana
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 regardless of age
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Retirement under this provision must occur within 60 months (5 years) of the bill's effective date
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Eligible members receive a service retirement allowance equal to 50% 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 qualify for the 50% retirement benefit
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Updates terminology from "Board of Chosen Freeholders" to "board of county commissioners" for continuing prosecutors in service past age 70
Legislative Description
Permits certain members of Prosecutors Part of PERS to qualify for service retirement with 20 or more years of service.
State Government, Wagering, Tourism & Historic Preservation
Last Action
Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee
6/19/2025