Directions to meeting. Click here for a PDF of the pension payment calendar that you can print. If you have an outstanding pension loan balance and plan to take another loan, you must repay the combined balance of the original loan and all subsequent loans within five years of the issuance date of the first loan. If you would like to send a message to the NJDPB, please take a minute to complete the following form, which will provide the information necessary to identify your membership status and process your message. Call NJPIES Call Center for medical information related to COVID: Retrieving your Personal Benefits Statement. View monthly and annual reports setting forth data such as assets and liabilities, income and disbursements, and statistical summarization of membership as documented by the Actuary. Caller-Paid: 409-207-6984 0000001280 00000 n You just need to have access to a computer and log on to Election America and follow the simple directions. You will then see a list of all the candidates, and you can make your selection. For example: For more information you may reference the Loans Fact Sheet. Local Government An Interfund Transfer happens when you start a new job that falls under a different retirement system. The State of NJ site may contain optional links, information, services and/or content from other websites operated by third parties that are provided as a convenience, such as Google Translate. var width="400", height="150"; Vaccine Meeting Support else { Disability: If you have general questions regarding temporary or permanent disability benefits, you must contact your employers human resources representative or benefits administrator. You will then see a list of all the candidates, and you can make your selection. If you divorce or dissolve your civil union or domestic partnership, you must remove your former spouse or partner from your health plan when the event occurs. The process is easy and it only takes a few minutes to support the candidate of your choice. document.write('the following settings are held in your profile:
'); Only active PERS-State members may nominate a candidate for the PERS State position. The delegates and alternates selected from the membership of each county shall vote for the member-trustee. The maximum deduction toward the repayment of your loan is 25% of your base salary. document.forms[to_form].error_redirect.value = document.forms[from_form].error_redirect.value; 0000173719 00000 n The letters are provided for archival purposes only; therefore, some information may be out of date and/or superseded by later changes. Paper loan applications are not accepted except in the following cases: In these cases only, a Certified Loan Application may be remitted. You must have at least three years of service credit and contributions posted to your pension account. A State representative will be elected for a three-year term beginning July 1, 2023 and ending on June 30, 2026. 3&zV`K?>q)tD# t<2~w9N4[#| 0JyN``69K7-\h'Gq]TEpq]O?u8 After candidates have declared their interest in becoming a PERS County representative, nominations to support a candidate are made primarily through a secure Web site. >"5J4`LQ` t&wX4hQA?e:Cmh <. 17:3-1.4, which sets forth the procedure for the election of a member-trustee. 0000011826 00000 n // alert(code); 0000012529 00000 n Once you apply for withdrawal, your former employer will be contacted to complete the Employer's Certification for Withdrawal. var body = 'Welcome, according to our records '); Active Employees Group Life Insurance coverage may be of one or two types: Conversion When you retire, go on a leave of absence, or terminate your employment, coverage ends 31 days after you stop working. You must not have withdrawn from the retirement system; You must meet all the eligibility requirements for the new retirement system with the new job. 122b G$$)\'?P#-Jc#^ 1]v:+$&[1S @M1*k{7EJ^W2lFwpl>spT_\c. It is your responsibility to add a new spouse/partner to your health plan coverage within 60 days of the date of marriage or partnership. After candidates have declared their interest in becoming a PERS State representative, nominations to support a candidate are made primarily through a secure Web site. } Find out what you need to know using our Online Retirement Guide. 26 0 obj <>/Filter/FlateDecode/ID[<5EC741322C8681AE01B9F6A894F8DBB5><616F761372C1E549BECA18B63ECDEAE3>]/Index[10 27]/Info 9 0 R/Length 83/Prev 19588/Root 11 0 R/Size 37/Type/XRef/W[1 2 1]>>stream Pension Check Mailing Schedule Benefit Month Check Mailing Date February, 2021 January 28, 2021 March, 2021 February 25, 2021 Meetings are held every third Wednesday at 10:00 A.M. *Indicates change due to holiday, conflict of schedule, or special meeting. These names will remain active through May 31, 2023. Retirees who have determined they qualify for reimbursement should follow the submission procedure detailed in the packet and submit the required documentation through mynjbenefitshub no later than May 31, 2023. Fourth Quarter (October to December) 2022, More videos are available to view in our Video Library, Retirement Types, Eligibility & Calculations, Site Maintained by Division of Revenue and Enterprise Services, Governor Phil Murphy Lt. } document.forms[to_form].affiliation_code.value = document.forms[from_form].affiliation_code.value; Direct Deposit of the monthly benefit occurs on the last business day of the month. Required forms and documentation should be returned to the NJDBP immediately in order to process payments and/or provide insurance. Interest is charged on a loan at a commercially reasonable rate determined using the Prime Rate (7.5 percent) plus 2.5 percent and approved by the New Jersey State Treasurer. When using MBOS you can determine your eligibility to borrow, the maximum amount you may borrow, and calculate various repayment options. var userProfile = Get_Cookie("userProfile"); HTM08W}whV\]B6vQ=v[!R333W=NBMK3K29M(?S"mJ)j C[:zHaspfWcfuHlQ dFR4] }N3Bq}xeC4YX|]gRN4*uLXbPwa^oZbk.2C)ahMmy%QW`!Dpl$Q=1v=,::v /<627un? j#1MvK'97Pc6XZMJu[. v'Kja #\~`Fx4f ~0 >stream of Banking and Insurance, Julie Giordano Plotkin, Associate Director, NJEA, Carl Tanksley, N.J. School Boards Association, Michael Maillaro, Commissioner, AFL-CIO representative, VACANT, Governor's Appointee, NJ Resident, Justin Zimmerman Governor's Appointee. function messageWindow(title, msg) qZIA!1)r,|ltn#Wou]4sKV?N#3k,My0|V+Tt~*nG5MQi]Kq:6Ecog6OkgY`U}Oc~IjbO#_x+vH8~SBxo \`,2$ wAM )"] 7) // alert(document.forms["contact"].required.value); Governor Sheila Oliver, State Capitol Joint Management Commission, Enrich's Assessing Your Insurance Needs course, Birth/Adoption/Award of Legal Guardianship, Qualified Domestic Relations Order (QDRO), Leave of Absence/Disability/Workers' Compensation, Marriage/Civil Union/Domestic Partnership, Boards of Trustees and Commission Meeting Dates for 2023, Seminar and Webinar Schedule to Register Online. H\@F>E-V@L:0y 0Q1f4AOf7}[NuS2ckY^Uzux2Z*}+%t>p|=y23km]Qh1YfRxTcSxl5PChm563Bn !Z `q8X43YY,c=3YdB2C2!!LHfH&$3$ Members of the SHBP/SEHBP must complete a Life Event change on Benefitsolver to remove a dependent. Meetings are held every fourth Tuesday every other month at 10:00 A.M. SPRS Board of Trustees meetings are held at the following location: Five Member Board: 2 members appointed by Superintendent of State Police; 2 Governor's Appointments; 1 Treasurer's Appointment. } *This meeting will be held in person at 9:00 A.M. in Committee Room 7 at the State House Annex. } '!F&-(6R\B9\Z.W(d&7x<1\q)&\ The member must request a paper Purchase Application by emailing: pensions.nj@treas.nj.gov. The minimum amount you may borrow is $50. msgWindow.document.write(head + body); Box 295, Trenton, NJ 08625-0295. Additional rules and restrictions apply to Intrafund Transfers. 0000014503 00000 n More videos are available to view in our Video Library, Retirement Types, Eligibility & Calculations, Site Maintained by Division of Revenue and Enterprise Services, Governor Phil Murphy Lt. If the loan is determined to be in default, the loan will be considered a distribution from your pension account and reported to the IRS. Informing the NJDPB of a change of address is easy and helps ensure that you will receive important information without delay. Resolve individual questions on the merits of each case in terms of statutes, advice of the Actuary and cases cited by counsel as deliberated by the Courts. } Render determinations regarding Disability Retirement cases and approve retirements. trailer var expires = new Date(today.getTime() + (56 * 86400000)); Nine Member Board: 6 Elected, 2 Gubernatorial Appointments, 1 Treasurer's Appointment, (l) State Investment Council Representative, (a) Actuarial Selection Committee Representative. 0000019838 00000 n %PDF-1.7 % Retirees can easily review life insurance/pension. %PDF-1.5 % Governor Sheila Oliver, State Capitol Joint Management Commission, Divorce, Dissolution of a Civil Union, and Your Retirement Benefits, IRMAA Claim Form for Medicare Part B and Part D, IRMAA Claim Form for Medicare Part D Only, Introducing mynjbenefitshub for SHBP Members, Introducing mynjbenefitshub for SEHBP Members, Open Letter to the PFRS Membership from the PFRSNJ. Three (3) active Fire Representatives: One (1) elected by the active members of the system, one (1) appointed by the president of the New Jersey State Firefighters Mutual Benevolent Association (NJFMBA), and one (1) appointed by the President of the Professional Firefighters Association of New Jersey (PFANJ). 0000000016 00000 n Monthly Payment Mailing Dates New York Life Guaranteed Products P.O. 0000001256 00000 n 0000009911 00000 n 0000004335 00000 n O^. How PBGC Operates. This is determined by the date of the loan check, not the date of the request. Governor Sheila Oliver, State Capitol Joint Management Commission. Once agendas are received, they are linked to the meeting date associated. Three (3) active Police Representatives: One (1) elected by the active members of the system, one (1) appointed by the president of the New Jersey State Policemens Benevolent Association (PBA), and one (1) appointed by the President of the New Jersey State Fraternal Order of Police (FOP) . A member who wishes to be a candidate for the PERS State position must be an active or retired PERS-State member and must be nominated by at least 500 active PERS-State members. When removing a dependent child from your coverage (for any reason) there may be a change in the amount deducted from your paycheck or retirement check (if self-paid) due to your coverage-level change. The State of NJ site may contain optional links, information, services and/or content from other websites operated by third parties that are provided as a convenience, such as Google Translate. You continue to contribute to and earn service credit in the same account. endstream endobj 14 0 obj <> endobj 15 0 obj <>stream Box 295 Trenton, NJ 08625-0295 THE RETIREMENT SYSTEM The State of New Jersey established the PERS in 1955 to replace the former State Employees' Retirement System . Employers who participate in the State-administered Retirement Systems and Benefit Programs. hb```rN``f`sl`hae`o``PmCGGDXi^ 0*139H^0jHl8ty All pension loans are disbursed by Electronic Funds Transfer (EFT), also known as Direct Deposit. Visit: covid19.nj.gov Call NJPIES Call Center for medical information related to COVID: 800-962-1253 erdot; Have a great weekend! The statute provides that no employee shall suffer loss of salary or wages because of serving on the Board. Adopt rules and regulations to provide for the payment of benefits and collection of monies as required by statute. You may borrow twice in a calendar year. If you borrowed in 2022 or earlier, still have an outstanding balance. Only members who are actively working and making pension contributions may take a loan. More videos are available to view in our Video Library, Retirement Types, Eligibility & Calculations, Site Maintained by Division of Revenue and Enterprise Services, Governor Phil Murphy Lt.
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