New Jersey A2990 grants the Director of the Division of Pensions and Benefits subpoena powers.
New Jersey A2990 provides the Director of the Division of Pensions and Benefits with the authority to administer oaths, take affidavits, and issue subpoenas. This includes compelling the attendance of witnesses and the production of various documents and records. The bill specifies that failure to comply with a director's order or subpoena can lead to contempt proceedings in the Superior Court. This act aims to enhance the director's ability to enforce compliance in the administration of state-administered pension funds and retirement systems.
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