Requires proportional distribution of payment between employers for health benefit payment obligations for certain retirees.

This bill requires public employers in New Jersey to share the cost of health benefits for retirees who worked for multiple government entities by splitting payments proportionally based on how long each employer employed the retiree. It directly affects state and local government agencies, including law enforcement departments, that currently pay health insurance premiums for retired employees. The key provision mandates that if a retiree qualified for employer-paid health benefits while working for more than one government entity, each former employer must contribute to the premium cost commensurate with their period of employment. The bill also clarifies that this requirement does not apply to employers who have not opted to provide employer-paid health benefits in retirement and does not alter existing collective bargaining agreements.