SCR 57 New Jersey Senate · 2024-2025 Regular Session

Proposes constitutional amendment to require payments by State to State-administered retirement systems and establish in Constitution right of public employees to pension benefit; provides for enforcement of funding obligations and benefit rights.

SCR 57 proposes a constitutional amendment requiring New Jersey to fully fund state-administered retirement systems for public employees starting July 1, 2023, with payments due in quarterly installments (25% by August 1, 50% by November 1, etc.). It guarantees non-forfeitable pension benefits for public employees with five years of service before May 21, 2010, and for those with ten years of service after that date, meaning their benefits cannot be reduced. The amendment makes the state’s funding obligations and members’ benefit rights enforceable in court, removing sovereign immunity for such cases. It also updates the constitution to mandate that retirement contributions be included in the annual state budget. This directly affects all state public employees covered by these retirement systems.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2024 Last action Jan 9, 2024
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Jan 9, 2024
Introduced
Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Shirley Turner
Shirley Turner
DDemocratic
NJ
15