New Jersey A 2377: Permits PERS retiree to return to elective public office after retirement under certain circumstances.
Status: Introduced in the Assembly, Referred to Assembly State and Local Government Committee (as of 2024-01-09)
State: New Jersey · Session: 221 · Bill: A 2377
Subjects: PENSIONS PUB, STATE OFFICE
Sponsors: Spearman, William W.
Bill Text
ASSEMBLY, No. 2377 STATE OF NEW JERSEY 221st LEGISLATURE PRE-FILED FOR INTRODUCTION IN THE 2024 SESSION Sponsored by: Assemblyman WILLIAM W. SPEARMAN District 5 (Camden and Gloucester) SYNOPSIS Permits PERS retiree to return to elective public office after retirement under certain circumstances. CURRENT VERSION OF TEXT Introduced Pending Technical Review by Legislative Counsel. A2377 SPEARMAN 2 AN ACT concerning the return to elective public office by a retired 1 member of the Public Employees’ Retirement System and 2 supplementing P.L.1954, c.84 (C.43:15A-1 et seq.). 3 4 BE IT ENACTED by the Senate and General Assembly of the State 5 of New Jersey: 6 7 1. A former member of the Public Employees’ Retirement 8 System who has been granted a retirement allowance prior to, or on 9 or after, the effective date of this act, P.L. , c. (pending 10 before the Legislature as this bill), for any cause other than 11 disability, may return to an elective public office position with the 12 former employer, either by appointment to fill a vacancy or by 13 election, without cancellation of the retirement and reenrollment in 14 the system if: (1) the return commences after the retirement 15 allowance becomes due and payable; (2) the former member had 16 attained the service retirement age, applicable to that member, as of 17 the date of retirement; and (3) the compensation for the elective 18 public office held is less than $12,000 per year. 19 This section shall be effective if the qualified status of the 20 retirement system under federal law can be maintained upon its 21 application, and such modifications to the system as may be 22 available shall be made to allow for its application. 23 As used in this section, "former employer" means the public 24 entity from which the former member retired from service 25 performed immediately prior to retirement. 26 27 2. This act shall take effect immediately. 28 29 30 STATEMENT 31 32 This bill provides that a former member of the Public Employees’ 33 Retirement System who has been granted a retirement allowance prior 34 to, or on or after, the effective date of this bill, for any cause other than 35 disability, may return to an elective public office position with the 36 former employer, either by appointment to fill a vacancy or by 37 election, without cancellation of the retirement and reenrollment in the 38 system if: (1) the return commences after the retirement allowance 39 becomes due and payable; (2) the former member had attained the 40 service retirement age, applicable to that member, as of the date of 41 retirement; and (3) the compensation for the elective public office held 42 is less than $12,000 per year. 43 This bill will be effective if the qualified status of the retirement 44 system under federal law can be maintained upon its application, and 45 such modifications to the system as may be available will be made to 46 allow for its application. 47 A2377 SPEARMAN 3 As used in this bill, "former employer" means the public entity 1 from which the former member retired from service performed 2 immediately prior to retirement. 3
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