Loading chat...

NJ A2647

Bill

Official Source

Status

Failed

3/9/2026

Primary Sponsor

Christopher DePhillips

Click for details

Origin

General Assembly

2026-2027 Regular Session

AI Summary

  • Expands the State Investment Council from 15 to 16 members by adding a representative from the Judicial Retirement System (JRS)
  • The Chief Justice of the New Jersey Supreme Court would designate one board member from the JRS Board of Trustees to serve on the council
  • The new JRS representative would serve a three-year term, matching the term length of existing retirement system representatives
  • Currently only the Public Employees' Retirement System and Teachers' Pension and Annuity Fund have designated representatives on the council
  • The State Investment Council formulates investment policies for all State pension funds, including JRS funds, which this bill would now give JRS direct representation in shaping

Legislative Description

Adds member from Judicial Retirement System to State Investment Council.

Withdrawn from the Files

Last Action

Withdrawn from Consideration

3/9/2026

Committee Referrals

State and Local Government1/13/2026

Full Bill Text

No bill text available