Expands provisions of P.L.2022, c.9 under certain circumstances.

This bill (S 4925) expands retirement flexibility for police chiefs in New Jersey. It allows police chiefs (and promoted deputy police chiefs who became chiefs within 12 months of April 12, 2022) who turn 65 between April 2022 and 2027 to stay in their roles until age 67, with written approval from their agency leadership. The law requires the retirement system board to report on how many chiefs were retained, how long they served past 65, and the impact on the retirement system. This directly affects current and newly promoted police chiefs in law enforcement agencies covered by New Jersey's Police and Firemen's Retirement System.