Establishes Emergency Services part of PERS; provides enhanced benefits for emergency services employees.

S 3418 creates a new "Emergency Services Part" within New Jersey's Public Employees' Retirement System (PERS) to provide enhanced retirement and death benefits for specific emergency personnel. It directly affects full-time, certified emergency services employees - including EMTs, paramedics, fire inspectors, dispatchers, and other certified responders - as defined in the bill. The bill requires current emergency services employees in the general PERS system to transition to this new part within 120 days (with an opt-out waiver option), and mandates that all new hires in these roles enroll in the Emergency Services Part as a condition of employment. This change ensures these workers receive benefits tailored to their service roles, separate from the standard PERS structure.