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NJ S1273

Bill

Status

Introduced

1/13/2026

Primary Sponsor

Linda Greenstein

Click for details

Origin

Senate

2026-2027 Regular Session

AI Summary

  • 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

  • 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

  • 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

  • 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

  • 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

Committee Referrals

State Government, Wagering, Tourism & Historic Preservation1/13/2026

Full Bill Text

No bill text available