Per Politico last month:
There’s a new effort underway in Trenton to reopen New Jersey’s pension system to politicians. State Sen. Joe Cryan (D-Union) introduced legislation Monday that would allow politicians who held pensionable public jobs before they were elected to a public office to re-enroll in the system from which they‘ve been barred for almost 14 years.
Yeserday, per POLITICO’s Matt Friedman— Pension-padding bill dies in New Jersey Senate:
A bill to boost some lawmakers’ pensions, hastily scheduled for a Senate vote on Monday, is dead, according to two sources with knowledge of the legislation. The bill, NJ S4250 (20R), appeared designed to apply to Assemblymember Annette Quijano (D-Union) and potentially some other lawmakers. It was introduced last month and walked onto the Senate Budget and Appropriations Committee meeting last Thursday without notice, then amended to boost the pensions of some other lawmakers, including Assemblymember Ralph Caputo (D-Essex). Though the committee advanced the bill in a 7-5 party line vote, and the measure was placed on Monday’s Senate board list, the sources said it was opposed by many Democrats, who hold a majority in the upper house. By Monday afternoon, the bill had been removed from the Senate’s board list.day those politicians took the next step as the bill was transferred to the Senate Budget and Appropriations Committee:
Bill S4250 Sca (1R)
Session 2020 – 2021
Changes PERS membership eligibility for certain elected public officials and provides for PERS reenrollment; provides for recalculation of retirement allowance without reenrollment for certain elected public officials who have retired from PERS. *2nd Reading in the Senate
Identical Bill Number:A6264
Primary Sponsor:
- 12/9/2021Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee
- 1/6/2022Transferred to Senate Budget and Appropriations Committee
- 1/6/2022Reported from Senate Committee with Amendments, 2nd Reading
- Introduced (13 pages)PDF FormatHTML Format
- Reprint (14 pages)PDF FormatHTML Format
- Statement – SBA 1/6/22 (2 pages)PDF FormatHTML Format
- Fiscal Estimate – 1/10/22; as introduced (2 pages)PDF FormatHTML Format
Committee Voting:
- SBA – 1/6/2022 – r/Sca
Yes: 7No: 5 Not Voting: 0 Abstain: 0Roll Call- Sarlo, Paul A. (P) – No
- Addiego, Dawn Marie – Yes
- Cruz-Perez, Nilsa I. – Yes
- Diegnan, Patrick J. – Yes
- Greenstein, Linda R. – Yes
- O’Scanlon, Declan J. – No
- Oroho, Steven V. – No
- Ruiz, M. Teresa – Yes
- Singleton, Troy – Yes
- Sweeney, Stephen M. – Yes
- Testa, Michael L. – No
- Thompson, Samuel D. – No
Burypensions Blog 