Increases PFRS accidental disability and accidental death pension when disability or death is caused by weapon.

This bill (A1259) increases pensions for New Jersey police and fire department members who suffer accidental disability or death caused by weapons. It raises the accidental disability pension from 66% to 100% of final compensation for those injured by weapons (with a transition to 80% after mandatory retirement age). For deaths caused by weapons, it increases the death benefit for surviving spouses or children from 70% to 75% of final compensation. The final compensation amount used for these calculations will continue to increase until the member would have turned 65, using the same percentage increases as active members' compensation. The bill applies to injuries or deaths occurring on or after its effective date.