A 4982
Extends membership in TPAF to 15 years after discontinuance of service.
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- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill changes the rules for membership in the Teachers’ Pension and Annuity Fund (TPAF) in New Jersey. It extends the amount of time a member can remain in the TPAF after stopping work, increasing the limit from 10 to 15 consecutive years. The bill also clarifies how service is calculated for retirement purposes and impacts the transfer of funds to alternate benefit programs.
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Primary sponsor
Alex Sauickie
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