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PFRS BENEFIT ENHANCEMENT
On March 20th, NJAC, the New Jersey State League of Municipalities (NJLM), and the Government Finance Officers Association of New Jersey (GFOA) testified in opposition to S- 3090/A-4498 (Gopal D-11/Lagana D-38)(DeAngelo D014) before the Senate Budget and Appropriations and Assembly State and Local Government committees. In summary, this legislation would provide for a retirement allowance after 20 years of service regardless of age for members of the Police and Firemen’s Retirement System (PFRS).
NJAC is primarily concerned with the facts that this legislation would ...
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