ASSEMBLY, No. 855

STATE OF NEW JERSEY

Introduced Pending Technical Review by Legislative Counsel

PRE-FILED FOR INTRODUCTION IN THE 1996 SESSION

By Assemblymen COTTRELL and MALONE

An Act concerning membership in the Police and Firemen's Retirement System and amending P.L.1965, c.186.

    Be It Enacted by the Senate and General Assembly of the State of New Jersey:

    1. Section 1 of P.L.1965, c.186 (C.43:16A-3.1) is amended to read as follows:

    1. Service with a municipal police or fire department to which the provisions of P.L.1944, c.255 (C.43:16A-1 et seq.) apply in an appointive administrative or supervisory capacity or any combination thereof by any person who not more than [six] 12 months prior to such service served as a member of that or any other such police or fire department, as the term "member" is defined in section 1 of P.L.1944, c.255 (C.43:16A-1), shall be deemed to be service as a member under and for all the purposes of the provisions of the act of which this act is a supplement.

(cf: P.L.1992, c.73, s.1)

    2. Section 2 of P.L.1965, c.186 (C.43:16A-3.2) is amended to read as follows:

    2. Any such person presently serving in any of said capacities may purchase prior service credit for the period of time he has so served by paying to the Police and Firemen's Retirement System of New Jersey an amount equal to the contributions he would have been required to have made had such service heretofore been deemed to be service as a member of the police or fire department. Application for such prior service credit shall be made to the retirement system within six months of the effective date of this amendatory act, [P.L.1992, c.73] P.L.    , c. (now pending before the Legislature as this bill), and payment therefor may be in a lump sum or in installments as the commission

may determine by rule or regulation.

(cf: P.L.1992, c.73, s.2)

    3. This act shall take effect immediately.

STATEMENT

    At present, members of the Police and Firemen's Retirement System (PFRS) can continue membership in the retirement system if they serve in an appointive administrative or supervisory capacity or any combination thereof with any municipal police or fire department covered by the retirement system and assume service in that capacity within six months of their last service as a member of the retirement system. This bill would extend that time-period to 12 months.

Extends time-period allowing PFRS members to continue membership in certain administrative and supervisory positions.