Requires State Investment Council to publish reports comparing returns earned by external and internal managers and requiring Council to make recommendations regarding investments.
Take action
Record your position on this measure.
Create an account to take a stance, submit a written position, or contact your legislator.
Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Overview
This bill requires the New Jersey State Investment Council to regularly publish reports comparing the investment returns earned by outside managers versus those earned by internal staff. It also mandates that the Council make recommendations regarding future investment strategies and whether to continue using external managers. The bill aims to increase transparency and accountability in how the state’s retirement funds are managed.
Bill text
Read the latest version inline or switch to a previous version.
Document of record
- Version
- Introduced
- Published
- Not published in the source record
This version is published only as a document. Open the viewer to read it here, or download the file.
Sponsors
Official sponsors from legislative records.
1 on record
Primary sponsor
Arguments
Reasons offered for and against this legislation.
Arguments in favor
No arguments in favor have been submitted.
Submit yoursArguments opposed
No arguments opposed have been submitted.
Submit yours