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NJ S3192
Bill
Status
1/28/2026
Primary Sponsor
Carmen Amato
Click for details
AI Summary
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Law enforcement officers currently enrolled in the Public Employees' Retirement System (PERS) may transfer to the Police and Firemen's Retirement System (PFRS) by waiving all PERS rights and benefits within 90 days of the act's effective date
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Officers who do not file a waiver within the 90-day window will remain in their current pension system with no automatic transfer
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PERS must remit all accumulated employee deductions within 120 days and employer reserve fund obligations within 180 days to PFRS for transferred members
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Transferred employees must cover any funding shortfall between PERS remittances and PFRS requirements, payable as a lump sum or in monthly installments over up to 10 years
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All law enforcement officers hired after the act's effective date must be enrolled in PFRS rather than PERS
Legislative Description
Allows law enforcement officers in PERS to transfer to and enroll in PFRS; requires all law enforcement officers to be enrolled in PFRS.
State Government, Wagering, Tourism & Historic Preservation
Last Action
Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee
1/28/2026