Permits purchase of service credit in SPRS for period of enrollment in military service academy and in New Jersey State Police Academy, and employment as class two special law enforcement officer.

This bill allows members of New Jersey's State Police Retirement System (SPRS) to purchase retirement credit for time spent in military service academies (such as West Point or the Naval Academy), in the New Jersey State Police Academy, or as a class two special law enforcement officer before joining the police force. It amends existing law to permit purchasing credit for these specific service periods by paying into the retirement system's annuity savings fund, with options for installment payments over up to 10 years. The bill specifies that credit purchased for military academy enrollment, police academy training, or special law enforcement officer employment will be treated the same as actual police service for retirement benefit calculations. This applies to current and future SPRS members who want to count these pre-service periods toward their retirement eligibility and benefits.