Prohibits investment by State of pension and annuity funds in, and requires divestment from, companies involved in production or maintenance of nuclear weapons.

This bill prohibits New Jersey's state pension and annuity funds from investing in companies involved in producing or maintaining nuclear weapons. It requires these funds to divest from such companies within two years of the bill's effective date, while following standard investment practices. The State Investment Council must identify affected companies and submit annual reports to the Governor, Legislature, and Attorney General detailing divestment progress. The policy directly affects all state retirement funds managed by New Jersey's Division of Investment.