Requires pay for extracurricular activities to be included in compensation for TPAF purposes.

This bill would amend New Jersey's Teachers' Pension and Annuity Fund (TPAF) rules to include pay for extracurricular activities in teachers' pension calculations. Currently, additional compensation for duties like coaching sports teams, directing school plays, or supervising clubs is not counted toward pension benefits. The bill changes the definition of "compensation" to include remuneration for extracurricular activities beyond the regular school day or year. This change would affect teachers who receive extra pay for these activities, potentially increasing their future pension benefits. The bill applies to all teachers whose extracurricular duties qualify under the new definition.