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NJ S1273
Bill
Status
1/13/2026
Primary Sponsor
Linda Greenstein
Click for details
AI Summary
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Transfers all current non-retired Teachers' Pension and Annuity Fund (TPAF) members to "Tier 1" status, entitling them to the same benefits as members enrolled before July 1, 2007
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Expands TPAF eligibility to public employees who meet minimum salary requirements but currently do not meet minimum work hour requirements, with employers required to process enrollment within 60 days
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Allows Defined Contribution Retirement Program (DCRP) participants to transfer service credit years to TPAF for qualifying purposes (retirement eligibility, health benefits), though transferred years will not count toward pension benefit calculations
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Permits TPAF members currently receiving long-term disability insurance to apply for ordinary or accidental disability retirement within two calendar years of the act's effective date
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Changes to early, deferred, and service retirement provisions only apply to members who begin processing retirement applications after the act takes effect
Legislative Description
Provides TPAF members and certain retirees same benefits provided to members enrolled in retirement system before July 1, 2007.
State Government, Wagering, Tourism & Historic Preservation
Last Action
Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee
1/13/2026