Expands scope of review of Pension and Health Benefits Review Commission.

This bill requires New Jersey's Pension and Health Benefits Review Commission to review *all* legislation affecting public employees' pension or health benefits, rather than just most such bills as currently required. It directly affects New Jersey state and local government employees whose retirement or health care benefits are modified by new laws. The key mechanism mandates that the Commission analyze the fiscal impact of qualifying bills (including defined benefit plans, retirement savings programs, and health care financing) and provide written recommendations within 45 days of a bill's introduction. The Commission must review every bill that establishes, modifies, or affects pension/health benefit plans, financing, or procedures for public employees.