[Corrected Copy]

 

ASSEMBLY STATE GOVERNMENT COMMITTEE

 

STATEMENT TO

 

SENATE, No. 481

 

STATE OF NEW JERSEY

 

DATED: JUNE 27, 1996

 

      The Assembly State Government Committee reports favorably Senate Bill No. 481.

      This bill provides State-paid health benefits to a retired State employee and any dependents, but not including survivors, if the employee: (1) retired prior to the effective date of this act under the State Police Retirement System with more than 20 but less than 25 years of service credit in the retirement system; (2) was subsequently employed by the State in another position or positions not covered by the State Police Retirement System; (3) has, in the aggregate, at least 30 years of full-time employment with the State; and (4) is covered by the program at the time of terminating full-time employment with the State.