Adds a member from the Judicial Retirement System to the State Investment Council.
This bill increases the membership of the State Investment Council from 15 to 16 members by adding a representative from the Judicial Retirement System. The Chief Justice of the New Jersey Supreme Court would designate a board member from the Judicial Retirement System to serve on the council. The council formulates policies for the Director of the Division of Investment when investing the State’s pension funds.
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