New Jersey S4146 mandates employers to inform employees about the federal Public Service Loan Forgiveness program.
New Jersey S4146 requires employers designated as qualifying employers under the federal Public Service Loan Forgiveness Program to notify employees about their potential eligibility for the program. This notification must occur during the explanation of benefits at the start of employment. The bill also mandates that employers inform employees about the requirements to qualify for the program, including employment with a qualifying employer and a work schedule of at least 30 hours per week.
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