New Jersey A3653 mandates preservation of employee benefits and contractual rights during the sale or lease of Atlantic City International Airport.
New Jersey A3653 amends the law to ensure that the sale or lease of Atlantic City International Airport by the South Jersey Transportation Authority (SJTA) does not deprive employees of their pension and retirement benefits, benefits under existing collective negotiation agreements, and civil service status. The bill requires that any sale, lease, delegation, or other transfer of the airport to any state or local agency or political subdivision must maintain the civil service status and pension credits of SJTA officers and employees.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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