Requires State Division of Investment to review pension and annuity fund assets to determine extent to which assets are invested in businesses with ties to foreign adversaries.

This bill requires New Jersey's State Division of Investment to review all pension and annuity fund assets to identify investments in businesses with ties to foreign adversaries as defined by U.S. standards (e.g., entities posing national security risks). It directs the Division to consult security experts, define "equity ties" broadly (including ownership stakes), and exclude humanitarian aid activities. Within six months, the Division must report findings and recommend whether the state should divest from such investments to the Governor, Legislature, and State Investment Council. The bill affects New Jersey's public pension funds (serving state employees) but does not mandate divestment - only requires a review and recommendation.