New Jersey S458 eliminates remarriage prohibition for PFRS death benefits and provides retirement allowance to certain survivors of PFRS members.

New Jersey S458 amends the Police and Firemen's Retirement System (PFRS) to eliminate the remarriage prohibition for death benefits, ensuring that surviving spouses or domestic partners remain eligible for survivorship pensions regardless of remarriage. The bill also provides retirement allowances to certain survivors of PFRS members, including widows, widowers, children, and parents, based on the deceased member's final compensation. The State will reimburse local governments for additional pension costs arising from these changes.

New Jersey S458 eliminates remarriage prohibition for PFRS death benefits and provides retirement allowance to certain survivors of PFRS members.

New Jersey S458 amends the Police and Firemen's Retirement System (PFRS) to eliminate the remarriage prohibition for death benefits, ensuring that surviving spouses or domestic partners remain eligible for survivorship pensions regardless of remarriage. The bill also provides retirement allowances to certain survivors of PFRS members, including widows, widowers, children, and parents, based on the deceased member's final compensation. The State will reimburse local governments for additional pension costs arising from these changes.