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NJ S4744
Bill
Status
10/27/2025
Primary Sponsor
Joseph Cryan
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AI Summary
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Elected municipal officials serving at the time of enactment may retire and collect pension benefits while continuing to hold their elected position
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Officials must voluntarily forfeit and cease receiving all compensation associated with their elected municipal office to qualify
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Retirement allowance cannot be based solely on the member's service in that elected municipal position
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Applies to both members of the state retirement system and participants in the state retirement program
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Implementation is contingent on maintaining the qualified tax status of the retirement system/program under federal law
Legislative Description
Permits certain elected municipal officials to be deemed retired for pension purposes upon forfeiting compensation for that position.
State Government, Wagering, Tourism & Historic Preservation
Last Action
Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee
10/27/2025