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NJ S3166
Bill
Status
Introduced
1/13/2026
Primary Sponsor
Nicholas Scutari
Click for details
AI Summary
- Requires the Division of Pensions and Benefits to report on claims payable, available fund balance, and anticipated premiums for local government health benefits funds before transferring money from the State part of the State Health Benefits Program (SHBP)
- Reduces the notification deadline to the State Health Benefits Commission from 30 days to 5 days when fund transfers occur
- Mandates monthly reporting to the commission on available funds for both State and local parts of SHBP, including cash balances, claims costs incurred, and premiums collected
- Reports must include categorized data for active and retired employees
- Amends P.L.2024, c.86 and takes effect immediately upon enactment
Legislative Description
Requires Division of Pensions and Benefits to provide report on available funds in local government part of SHBP prior to transferring funds from State part of SHBP; requires monthly reporting on certain assets in SHBP.
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