Requires public officer or employee forfeit pension upon conviction of certain crimes; alters factors determining honorable service; opens pension to garnishment upon conviction of certain offenses.

This New Jersey bill requires public employees and officers to forfeit their pension benefits upon conviction of certain crimes related to their public duties, including theft, bribery, perjury, and sexual assault. It specifies that pension forfeiture applies to 24 listed crimes and any first or second degree crime involving public office or employment. The bill also allows pensions to be garnished to pay restitution for misuse of public funds. Public employees would receive a refund of their pension contributions (with or without interest, at the board's discretion) but would lose their earned pension benefits.