NJ S975

Raises the mandatory retirement age for New Jersey State Police Retirement System (SPRS) members from 55 to 60 years old

Exempts the Superintendent of State Police from the mandatory retirement age requirement

Adjusts disability retirement eligibility thresholds to reflect the new age 60 requirement for applications submitted after the bill's effective date

Modifies death benefit provisions so reduced payments (one-half of final compensation instead of three and one-half times) apply after age 60 rather than age 55 for members retiring under the new provisions

Updates deferred retirement allowance eligibility for members with 10+ years of service who separate before reaching the new mandatory retirement age