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Bill

A 3378

Eliminates salary reference for retired members of PERS returning to employment in teaching staff positions.

2026-2027 Regular Session Introduced by Cody Miller and 2 co-sponsors

New Jersey bill removes salary reference requirements for retired PERS members returning to teaching positions, potentially altering pension calculations and system costs.

Introduced, Referred to Assembly State and Local Government Committee
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Bill Summary · A 3378

Legislative bill overview

Bill A 3378 eliminates the salary reference requirement for retired Public Employees' Retirement System (PERS) members who return to work in teaching positions. Currently, returning retirees may have their pension calculations based on their previous salary history; this bill removes that constraint, potentially allowing for different pension treatment when retirees re-enter the workforce.

Why is this important

This change affects how pension benefits are calculated for experienced educators who leave retirement to return to teaching—a situation increasingly common as schools face staffing shortages. The modification could influence the financial incentives for retired teachers to come back and the long-term costs to the PERS system.

Potential points of contention

  • Pension system costs: Eliminating the salary reference could increase unfunded liabilities or alter actuarial calculations, potentially shifting costs to other PERS members or taxpayers
  • Fairness concerns: Changes to how returning retirees are treated may create disparities between them and newly hired teachers, or between different cohorts of returning retirees
  • Recruitment intent vs. fiscal impact: While intended to encourage experienced teachers to return (addressing workforce shortages), the fiscal consequences to the pension fund require careful analysis

Compiled from official sources — confirm details with the bill’s official record.

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