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The original item was published from 8/23/2024 11:32:47 AM to 8/24/2025 12:00:02 AM.

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Pension & Health Benefits

Posted on: August 23, 2024

[ARCHIVED] Legislation Signed Expanding Class II PFRS Purchase Credit

On Thursday, August 22, Senate President Nick Scutari, in his capacity as Acting Governor with Governor Murphy and Lt. Governor Way out of state, signed A-2884/S-2070 enabling members of the Police and Firemen’s Retirement System (PFRS) to purchase credit for service as a class two special law enforcement officer in New Jersey. 

PFRS members can purchase up to 10 years of credit for out-of-state public employment, employment with the U.S. Government, or military service, with an additional five years of credit for military service permitted for qualifying members with veteran status. A-2884/S-2070 expands PFRS credit purchase options to also include service as a class two special law enforcement officer with a public employer in New Jersey, prior to becoming a PFRS member.  

The new law, which takes effect immediately, was supported by the League. The cost is borne by the individual officer and has minimal municipal impact. 

We encourage you to review this with your municipal professionals.  

Contact: Paul Penna, Senior Legislative Analyst, ppenna@njlm.org, 609-695-3481, x110.

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