Requires public employers that offer deferred compensation retirement plans to also offer Roth contribution option.

S 2037 requires New Jersey public employers - including municipalities, counties, state agencies, and school boards - to add a Roth contribution option to their existing deferred compensation retirement plans. This option allows public employees to make after-tax contributions (with future earnings withdrawn tax-free in retirement), unlike traditional pre-tax retirement plans. The bill mandates this change for all public entities currently offering such retirement plans, ensuring employees have this tax-free savings choice. It does not alter existing plan structures but expands participation options for public workers saving for retirement.