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Bill

Bill

A 2449

Requires cost of living increase to be granted in each of two State fiscal years when retirement allowance or benefit is below certain amount for retiree or beneficiary in PERS, TPAF, PFRS, SPRS, and JRS; makes appropriation.

2026-2027 Regular Session Introduced by Tennille McCoy and 1 co-sponsor

New Jersey bill mandates two-year cost-of-living increases for lower-earning retirees across five public pension systems, requiring new state appropriations.

Introduced, Referred to Assembly State and Local Government Committee
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