S.E.A. 94, P.L. 92 Effective: July 1, 2021 In relevant part, specifies the repayment conditions that apply if a participant of the judges' retirement system or a fund member of the 1977 police officers' and firefighters' pension and disability fund withdraws from the respective fund and again becomes a participant or member of the respective fund at a later date. Read the bill at: … [Read more...] about Pension matters
pension
Pension matters
The Senate Judiciary Committee heard SB 94 on pension matters prepared by the Interim Study Committee on Pension Management Oversight and authored by Sen. Boots. In part, the bill specifies the repayment conditions that apply if a participant of the judges' retirement system and disability fund withdraws from the respective fund and again becomes a participant or member of the … [Read more...] about Pension matters
Theft by public servants
H.E.A. 1192, P.L. 203 Effective: May 2, 2019 Specifies that in the case of a public servant who criminally exerts unauthorized control over public funds of the public servant's employer, the employer may be reimbursed from the public servant's public pension fund contributions and benefits. Provides that the employer may withhold payment of the public servant's contributions and … [Read more...] about Theft by public servants
Pension matters
S.E.A. 22, P.L. 27 Effective: July 1, 2019; §§20-23, 28-29 effective April 18, 2019 Makes additional conforming changes with previous legislation for the purpose of allowing a retired member of PERF or TRF to make partial withdrawals from the member's annuity savings account. Rephrases provisions concerning the election to begin receiving PERF or TRF benefits while employed that a … [Read more...] about Pension matters