NJ Legislature moves closer toward constitutional amendment on pension funding
Both houses pass resolution on final day of session
Published on Monday, Jan.11 , 2016
The New Jersey State Legislature today took a first step to put a question on the November 2016 ballot that would constitutionally require the State to fulfill its pension obligation and make quarterly payments.
The NJ Senate was the first to pass SCR-184 along party lines with a vote of 23-16. Several hours later, the NJ Assembly passed ACR-3 with a vote of 43-27 with one abstention. Assembly Speaker Vincent Prieto said that this is an important resolution that should be taken to the voters because the State of New Jersey has not kept their promises to public employees. Read more
School Employees’ Health Benefits Commission Approves Programs and Rates For Active and Retired Employees
In August, the School Employees’ Health Benefits Commission (SEHBC) and the School Employees’ Health Benefits Design Committee (SEHBDC) approved several changes to the School Employees’ Health Benefits Program (SEHBP) from which many of our active and retired members receive their benefits. These changes will take effect January 1, 2016.
>>Active Members: Learn more
>>Retired members: Learn more
How does P.L. 2011 Chapter 78 affect you?
Additional Pension Resources
Social Security benefits on line