Allows PFRS death benefits to be paid to a supplemental needs trust for an unmarried disabled child.
New Jersey A2989 amends the Police and Firemen’s Retirement System (PFRS) to allow death benefits to be paid to a supplemental needs trust for an unmarried disabled child. Currently, PFRS benefits are payable to a surviving spouse or child, with specific provisions for children under 18, those enrolled in secondary school or higher education, and those disabled due to intellectual or physical impairments. This bill expands the definition of "child" to include a supplemental needs trust for a disabled child of any age.
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