You can see your eligibility, the maximum amount you may borrow, and calculate various repayment options. Did you know. var msgWindow ="","msgWindow", styleStr); endstream endobj 18 0 obj <>stream Irene Savicky from Cumberland County representing Group C will begin her three-year term on January 1, 2023. An Intrafund Fund (also known as a Report of Transfer) happens when you stop working for one employer and are hired by another employer in a job that falls under the same retirement system. AUTHORIZATION FOR DIRECT DEPOSIT OF BENEFIT PAYMENT New Jersey Department of Labor and Workforce Development Division of Unemployment Insurance PO Box 908 Trenton, New Jersey 08625-0908 AUTHORIZATION FOR DIRECT DEPOSIT OF BENEFIT PAYMENT If you are a "multiple member," you cannot withdraw until you have terminated all jobs covered by the pension fund. }{A^_d39Q\i U.S}A< 0000014896 00000 n Division of Pensions & Benefits Stay up to date on shot information. Information on the selection of the delegates/alternates should be available with your respective County Superintendent's Office on or about March 1, 2023. Members of the SHBP/SEHBP must complete a Life Event change on Benefitsolver to remove a dependent. { 0000003296 00000 n If you are interested in being a delegate/alternate for the 2024 election of a member-trustee, contact your respective County Superintendent's Office. Phone Conference ID: 860 479 929#. 0000019202 00000 n Og5.F =, p20Fo2: I Governor Sheila Oliver, State Capitol Joint Management Commission, Enrich's Assessing Your Insurance Needs course, Birth/Adoption/Award of Legal Guardianship, Qualified Domestic Relations Order (QDRO), Leave of Absence/Disability/Workers' Compensation, Marriage/Civil Union/Domestic Partnership, Boards of Trustees and Commission Meeting Dates for 2023, Seminar and Webinar Schedule to Register Online. *This meeting will be held in person at 9:00 A.M. in Committee Room 7 at the State House Annex. Some options include: Retrieving your Personal Benefits Statement Designating a Beneficiary Getting a Pension Loan Applying for Withdrawal Applying for Retirement By law, if you are on a leave of absence granted by your employer, withdrawal is not allowed. if (searchString.length > 0) Set_Cookie("userProfile",searchString,expires); Nominations must be received online or arrive in the Board Office on or before 4:00 p.m. Monday, May 15, 2023. The State Police member representatives to the Board of Trustees are appointed by the Superintendent of the New Jersey State Police. hb`````Mg`e`Abl,+ 70` Nine Member Board: 6 Elected, 2 Gubernatorial Appointments, 1 Treasurer's Appointment, (l) State Investment Council Representative, (a) Actuarial Selection Committee Representative. It is IMPORTANT for the counties to continue to annually submit the names of delegates and alternates. 0000011826 00000 n 0000019285 00000 n xref You can view, change, or update your Designation of Beneficiary through MBOS. Meetings are held every first Thursday at 10:30 A.M. TPAF Board of Trustees meetings are held at the following location: Seven Member Board: 3 Teachers; 2 Governor Appointments; 1 Elected by the Board; 1 Treasurer's Representative. The process is easy and it only takes a few minutes to support the candidate of your choice. Only active PERS-State members may nominate a candidate for the PERS State position. If you have no outstanding balance and borrow in 2023, you will be charged 10 percent interest on the amount borrowed, unless you borrow again after the 2023 calendar year has ended. 0 If you are not satisfied with the loan amount or the repayment schedule after your loan is disbursed, you can request a repayment figure for the loan balance, plus any accrued interest prior to the end of the regular repayment schedule. %PDF-1.3 There will be a change in the amount deducted from your paycheck or retirement check (if self-paid) due to your coverage-level change. P.L. The current election is to fill a trustee position from Group A, for a three-year term commencing on January 1, 2024. You should update your "Designation of Beneficiary" any time you experience a major life event such as marriage, civil union, divorce, birth or adoption of a child, or the death of a family member. -Read Full Disclaimer, Loan Applications Received During Calendar Year 2023. Render determinations regarding Disability Retirement cases and approve retirements. } Governor Sheila Oliver, State Capitol Joint Management Commission, Divorce, Dissolution of a Civil Union, and Your Retirement Benefits, IRMAA Claim Form for Medicare Part B and Part D, IRMAA Claim Form for Medicare Part D Only, Introducing mynjbenefitshub for SHBP Members, Introducing mynjbenefitshub for SEHBP Members, Open Letter to the PFRS Membership from the PFRSNJ. If more than one Municipal candidate receives 300 or more nominations, an election will be required. There may be a change in the amount deducted from your pay due to your coverage-level change. 0000009911 00000 n You just need to have access to a computer and log on to Election America and follow the simple directions. else if ((searchString.length > 0) && (checkRemember(searchString) != "yes")){ if (document.forms[from_form].allow_anonymous) { (Homeowners $250,000 and Renters/Tenants $150,000) Filing deadline was February 28, 2023. var body = '


'; Eligibility is determined by where you worked-not your residence; therefore, the county contact will be based on the county where you are currently employed or your school district at the time you retired. Pension Check Mailing Schedule Benefit Month Check Mailing Date February, 2021 January 28, 2021 March, 2021 February 25, 2021 Contact information for each of the 21 counties is provided below. 0000008275 00000 n May 10, 2023 this meeting to be held at the Division of Pensions & Benefits, 1st floor board room, 50 West State St., Trenton, NJ, Danielle Schimmel, Chairperson, representing State Treasurer Elizabeth Maher Muoio, Philip Gennance, representing Acting Commissioner Marlene Caride of the Dept. Meetings are held every third Wednesday at 10:00 A.M. *Indicates change due to holiday, conflict of schedule, or special meeting. Local Government document.write('
You seem to have disabled Cookies. } Since October 1st is a regular business day, checks will be deposited that day. When removing a dependent child from your coverage (for any reason) there may be a change in the amount deducted from your paycheck or retirement check (if self-paid) due to your coverage-level change. // var code = document.forms[from_form].affiliation_code.value; Set_Cookie("userProfile","",expires); Leave of Absence: Taking a Leave of Absence without pay for illness or family leave can have an impact your service credit, retirement, and health benefits coverage. 0000004584 00000 n t T-q6$?si] 60d0eI^;)o702`)cJ {-S(C4|]fLSxd_233#/ You must indication if you have any additional loans on the MBOS application. Directions to meeting. HtSR0}W[xKa[Al%ILFjggApi6RZWP=e_ 4Z#a9pV1x~H JxOxa!D. There is no cost to the member for coverage. Proof of new coverage or proof of loss of coverage is required. Please remember to register with your respective county for the 2024 election of a member-trustee. The election process has begun to fill three positions on the Board of Trustees of the Public Employees' Retirement System; one State representative position, one Municipal representative position and the County representative position. '!F&-(6R\B9\Z.W(d&7x<1\q)&\ If the first falls on a weekend or a holiday, checks will be deposited on the last business day before the weekend or holiday. When the death of a member of one of the New Jersey State-administered retirement systems oc-curs, the member's family or survivors should noti-fy the New Jersey Division of Pensions & Benefits (NJDPB) at (609) 292-7524 and provide the following information: The full name of the deceased; The deceased's Social Security, pension mem- If you miss the deadline, your spouse/partner will be enrolled on the first of the month following a 60-day waiting period. To register or log on to MBOS, look for "Access MBOS" above. +1 856-338-7074 0000000016 00000 n Add a family member to your benefits? PERS, TPAF, PFRS, and SPRS members must submit loan requests using the Loan Application program of the Member Benefits Online System (MBOS). To take full advantage of our site and personalized content, we recommend you enable Cookies.

'); Governor Sheila Oliver, State Capitol Joint Management Commission, Public Employees' Retirement System Member Guidebook, Law Enforcement Officers (LEOs) Guidebook Addendum, Legislative Retirement System (LRS) Guidebook Addendum, Workers' Compensation Judges Guidebook Addendum, Enrollment Requirements by Membership Tier, USERRA Military Service after Enrollment, Application to Purchase Service Credit for Union Representation, Tax Information for Pension Distributions, Termination of Employment Through Resignation, Dismissal, or Layoff, Personal Insurance Contribution Remittance Card. 0000004335 00000 n Governor Sheila Oliver, State Capitol Joint Management Commission. The State of NJ site may contain optional links, information, services and/or content from other websites operated by third parties that are provided as a convenience, such as Google Translate. } if (document.forms[from_form].error_redirect) { Retirement System Eligibility and Enrollment Information. However, if you are vested in your prior, inactive PERS account, you may be able to transfer your old account to your new one. See your plan Guidebook for full details about Group Life Insurance. `Oth1P}g< The letters are provided for archival purposes only; therefore, some information may be out of date and/or superseded by later changes. // alert(document.forms["contact"].allow_anonymous.value); Meetings are held the third Friday of every other month at 10:00 A.M. *Indicates a change due to a holiday or a scheduling conflict. hbbd``b`$W D m Box 295 Trenton, NJ 08625-0295 THE RETIREMENT SYSTEM The State of New Jersey established the PERS in 1955 to replace the former State Employees' Retirement System . JWsu if (!cookieEnabled) { Retired members of the SHBP/SEHBP must complete a Life Event change on Benefitsolver to add or remove a dependent spouse/partner. var styleStr = 'toolbar=no,location=no,directories=no,status=no,menubar=no,scrollbar=no,resizable=no,copyhistory=yes,width='+width+',height='+height+',left='+left+',top='+top+',screenX='+left+',screenY='+top; Usually, your minimum loan repayment amount will be the same whether you borrow $500 or $5,000; however, the repayment of a larger loan will continue for a longer period of time that for a smaller loan. After candidates have declared their interest in becoming a PERS County representative, nominations to support a candidate are made primarily through a secure Web site. View Direct Deposit Electronic Funds Transfer (EFT) in our Video Library . //--> If you receive monthly benefits from PBGC through direct deposit, we will deposit your benefit payment on the first business . 0000013037 00000 n } >c Dh4|ac'/2XxV8"]vph}Uh#{nn|M{~a7F_/= J0~*"I>GP4rw9@RG-: 9 More videos are available to view in our Video Library, Retirement Types, Eligibility & Calculations, Site Maintained by Division of Revenue and Enterprise Services, Governor Phil Murphy Lt. Change your address online using MBOS. Call NJPIES Call Center for medical information related to COVID: Render decisions regarding Disability Retirement cases. . A State representative will be elected for a three-year term beginning July 1, 2023 and ending on June 30, 2026. 2018, c. 55 (Chapter 55), established a new Police and Firemens Retirement System of New Jersey (PFRSNJ) Board of Trustees, effective February 1, 2019. endstream endobj startxref Active Employees Group Life Insurance coverage may be of one or two types: Conversion When you retire, go on a leave of absence, or terminate your employment, coverage ends 31 days after you stop working. Division of Pensions & Benefits NJDPB Pensions Health Benefits Services Publications Access MBOS Our Programs Miscellaneous Pay My Health Benefits Bill Contact Us Home Pension Information - Active Employees Public Employees' Retirement System Public Employees' Retirement System Please select the applicable accordion to see information for PERS. Required forms and documentation should be returned to the NJDBP immediately in order to process payments and/or provide insurance. If you take additional loans before the original loan is completely paid off, you must pay them all off by the first five-year end date. } Please note that the county contacts CANNOT respond to any questions related to pension and health benefits. Members applying for a purchase fewer than 30 days before their retirement date or Board of Trustees approval date. It is also possible that the maximum amount you can borrow may be reduced, or the loan request may be rejected if the payroll deductions would be more than 25 percent of your pay. /* if (! State //alert(checkRemember(searchString)); Retirees can easily review life insurance/pension. */ PRSRT STD US POSTAGE PAID STATE OF NEW JERSEY NJ DIVISION OF TAXATION PO BOX 269 TRENTON, NJ 08695-0269 NJ-1040New Jersey Resident Return . If a delegate/alternate has not established an MBOS account we recommend that they do it by accessing it through the Division's website. Direct Deposit Division of Pensions and Benefits PO Box 295 Trenton, NJ 08625-0295 FC-0430-1209 STATE OF NEW JERSEY - DIVISION OF PENSIONS AND BENEFITS AUTHORIZATION FOR DIRECT DEPOSIT OF BENEFIT PAYMENT . 0000013951 00000 n var searchString = replace(,"+"," "); Nominations are being accepted to fill the County representative position on the PERS Board of Trustees. New To PBGC? if (document.forms[from_form].write_file) { 0000057963 00000 n Call NJPIES Call Center for medical information related to COVID: 800-962-1253 erdot; Must find? Some options include: You may log on or register using the "Access my MBOS Account" section located at the top of every page. Your contributions and service credit are transferred from the former retirement system to the new one. Trenton, NJ 08625-0295. Active Employees Retirees Employers Claims The minimum deduction toward repayment of an new loan is equal to the normal pension contribution rate of your salary at the time you apply for the loan. PO Box 295 Direct deposit available New Jersey Online Filing Use the free New Jersey Online Filing Service to file . 122b G$$)\'?P#-Jc#^ 1]v:+$&[1S @M1*k{7EJ^W2lFwpl>spT_\c. Caller-Paid: 409-207-6984 Dependent children's coverage will be terminated automatically at the end of the year in which they turn age 26. 0000005393 00000 n v.1 Have a great weekend! If writing to change your address, use the Change of Address Form or send your change of address information in a letter to Pension Payroll, Division of Pensions & Benefits, P.O. %PDF-1.5 % Please navigate to your plan below to find the meeting dates and agendas. Review appeals pertaining to the disallowance of pension benefits. If more than one State candidate receives 500 or more nominations, an election will be required. State of NJ - Department of the Treasury - NJDPB | Member Guidebooks NJ Treasury Division of Pensions & Benefits Home Member Guidebooks Member Guidebooks Pension System Member Guidebooks Public Employees' Retirement System Member Guidebook PERS Guidebook Addenda for: Law Enforcement Officers (LEOs) Legislative Retirement System (LRS) } The Division of Pensions & Benefits seminars and webinars help members of the PERS, TPAF, PFRS, or DCRP understand their benefits on a variety of topics in addition to planning for retirement. Additional information on retirement can be found on our Publications page. Call NJPIES Call Center for medical information related to COVID. Access Code: 3397842, School Employees' Health Benefits Program Plan Design Committee. View Updating Your Address in our Video Library. Beneficiaries of pension and/or life insurance payments and surviving spouse/partner/dependents on the member's health insurance coverage will be notified by mail. 0000010851 00000 n  

'); 0000001409 00000 n If you still receive your payment by mail, we encourage you to sign up for direct deposit to avoid post office delays and to get faster access to your pension benefit. 0000007846 00000 n The interest on a pension loan borrowed in 2023 has been set at 10 percent per year. Retired members of the SHBP/SEHBP must complete a Life Event change on Benefitsolver and upload Proof of Dependency documentation. 0000015862 00000 n Paper loan applications are not accepted except in the following cases: In these cases only, a Certified Loan Application may be remitted. Direct Deposit of retirement checks is always the first of the month. Budget, Performance & Planning. 0000001590 00000 n x}],In{eY=tMe}%H,o.^/?]c&dO-~mGu;7|~/ggvyf|_6M_b19KsC o swoO_0S4_5LSxlO(1<9Y;Yzrn3&90x/ys?89C'*M_/U\zs0.3$;|`l|8lo _:K?~_rlJ=B1Z 7]FT8za#Ff>*#~{9R0_a60g)8c[ ?qIhCI\ $]NgkGJO5:M |8$r| 08mil7C>>w2\\669}!X}=)Zu>}mT1nMG8.xZ>>? See. /* if ((searchString.length > 0) && (checkRemember(searchString) == "yes")){ For inclement weather cancellations, call 609-292-6649. Click the address on your MBOS Home Page to open the Change of Address application. 2023 MCRS Pension Payment Schedule | Middlesex County Retirement System 2023 MCRS Pension Payment Schedule Direct Deposit of your monthly benefit occurs on the final business day of the month. Since your retirement allowance is based partly on the amount of service credit posted to your account at the time you retire, purchasing additional service credit - if you are eligible to do so - may increase your pension amount or let you retire sooner. It is your responsibility to apply for continued coverage under, A child who has reached age 26 and is disabled due to a mental or physical disability and dependent upon you for support can remain covered as a dependent if the. var userProfile = Get_Cookie("userProfile"); 0000003470 00000 n Every time a member borrows against their available loan balance, the entire outstanding balance is re-certified for the current year's interest rate. Once you apply for withdrawal, your former employer will be contacted to complete the Employer's Certification for Withdrawal. Pension credit is "posted" to your account on a quarterly basis. Governor Sheila Oliver, State Capitol Joint Management Commission, Supplemental Annuity Collective Trust (SACT), Defined Contribution Retirement Program (DCRP), New Jersey State Employees' Deferred Compensation Retirement Plan (NJSEDCP), Board Secretary - Division of Pensions & Benefits, Assistant Board Secretary - Division of Pensions & Benefits, Raymond Marini:, Rosa Rodriguez:, Lovell Pugh-Bassett:, Nichole Johnson:, Judith DeStefano-Anen:, Samantha Ludwig:, Leslie White-Coursey:, Jillian Palladino-Gillespie:, Noreen Rizzolo:, Melissa Pearce:, Yasmin Hernandez-Manno:, Lester Richens:, Charles Muller:, Kesha Drakeford:, Peggy Nicolosi:, Stephen Goldman:, Camille Busichio:, Daryl Palmieri:, Samantha Grape:, Mary Jane Tanner:, Assistant Board Secretary Division of Pensions & Benefits. document.forms[to_form].required.value = document.forms[from_form].required.value; Retirees can also verify their beneficiary designations by written request to: Beneficiary ServicesDivision of Pensions & Benefits P.O. You may borrow up to 50 percent of your posted pension contributions, up to a maximum of $50,000. Upon returning to employment from a leave of absence, you may be eligible to purchase service credit . stream If you are off payroll for any reason and your loan deductions are not taken as scheduled, additional interest will be added. 0000004737 00000 n You seem to have disabled JavaScript. Only active PERS-Municipal members may nominate a candidate for the PERS Municipal position. // alert(document.forms["contact"].recipient.value); // alert(document.forms["contact"].required.value); Election ballots will be mailed to PERS-Municipal employers for distribution on or about June 2, 2023. To withdraw, you must complete the Application for Withdrawal through MBOS. else { The New Jersey Division of Pensions & Benefits (NJDPB) welcomes the opportunity to consider your thoughts, concerns, ideas, and questions. qZIA!1)r,|ltn#Wou]4sKV?N#3k,My0|V+Tt~*nG5MQi]Kq:6Ecog6OkgY`U}Oc~IjbO#_x+vH8~SBxo \`,2$ wAM )"] 7) The user is on notice that neither the State of NJ site nor its operators review any of the services, information and/or content from anything that may be linked to the State of NJ site for any reason. The user is on notice that neither the State of NJ site nor its operators review any of the services, information and/or content from anything that may be linked to the State of NJ site for any reason. Governor Sheila Oliver, State Capitol Joint Management Commission, Teachers' Pension and Annuity Fund (TPAF), Police and Firemen's Retirement System (PFRS), Public Employees' Retirement System (PERS). If you have recently returned to work after a leave of absence without pay or have changed employers within the last six months, you must obtain a loan application from your employer, who must certify the bottom portion of the loan application that you have returned to employment. Five (5) Trustees Appointed by the Governor. This section contains letters that the Division of Pensions & Benefits has recently sent to selected groups of retirees. The Member Benefits Online System (MBOS) gives registered users internet access to pension and health benefit account information and online applications. It normally takes 45 to 60 days after the end of a quarter for your membership credit to be posted to your account. 0000019491 00000 n Direct Deposit Payment Date Check Mail Date; January 2022: January 3, 2022: December 29, 2021: February 2022: February 1, 2022: . 0000147592 00000 n 0000000836 00000 n Fact Sheets. Technical Note: If you are unable to use this form, you can contact the NJDPB at the mailing address listed. ]lJqL3:7"v&2oe3 ZFeS R=xqj"]\oc+BrlH+F4b5MCZM"Lei'L3i">6'?a2G8` Wox^T 0pz+=@ " bR 1mTXAa*rPZ P,gnDBrh1PZ85.9Ic8b t*-l\0Fa!CI`kF,K*c!!,5 FW !Cr$[W' Dt8 endstream endobj 48 0 obj <> endobj 49 0 obj <>stream You will then see a list of all the candidates, and you can make your selection. It is your responsibility to add a dependent to your health plan coverage. document.write('the following settings are held in your profile:

'); Once agendas are received, they are linked to the meeting date associated. You must apply to purchase service credit through MBOS. Set_Cookie("userProfile","",expires); State Representatives: Thomas Bruno 2025; Carey Brown 2024; William O'Brien 2023; County Representative: Tracy Smith 2023; Municipal Representatives: Benjamin "Max" Hurst 2025; One Vacant; Gubernatorial Appointments: Two Vacant; State Treasurer's Representative: Danielle Schimmel, Ex-Officio Member. You also can send an email to: It is your responsibility to add a new spouse/partner to your health plan coverage within 60 days of the date of marriage or partnership. Box 295, Trenton, N.J., 08625-0295. Members without a valid board or retirement date will be instructed to apply using MBOS. document.forms[to_form].thankyou_redirect.value = document.forms[from_form].thankyou_redirect.value; The user is on notice that neither the State of NJ site nor its operators review any of the services, information and/or content from anything that may be linked to the State of NJ site for any reason.

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