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A1053

Permits purchase of service credit in PERS, TPAF, PFRS, and SPRS for period of enrollment in military service academy.

Introduced·1/13/26
Introduced Text

New Jersey A1053 allows members of PERS, TPAF, PFRS, and SPRS to buy service credit for time spent at military service academies.

New Jersey A1053 permits members of the Public Employees' Retirement System (PERS), Teachers' Pension and Annuity Fund (TPAF), Police and Firemen's Retirement System (PFRS), and State Police Retirement System (SPRS) to purchase service credit for their enrollment period at U.S. military service academies. The purchase can be made in installments over a maximum of 10 years, with payments at least half the normal contribution.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
Military and Veterans' Affairs Committee
Next
Committee decision

Sponsors

D
1
0
Democratic CaucusRepublican Caucus

History

Jan 13

Assembly

Introduced, Referred to Assembly Military and Veterans' Affairs Committee