The bill amends several sections of New Jersey law regarding the retirement and salary provisions for prosecutors and judges. It establishes that county prosecutors will be members of the Prosecutors Part of the Public Employees' Retirement System, with service credits established without additional costs for prior service in the Public Employees' Retirement System or Judicial Retirement System. Additionally, it allows county prosecutors to purchase credit for service as law clerks and provides eligibility for service credit for those enrolled in the Defined Contribution Retirement Program, contingent upon payment of equivalent contributions.

Furthermore, the bill sets the annual salaries for various judicial positions, including county prosecutors, starting at $204,166.50 from January 1, 2024, with annual adjustments based on the Consumer Price Index for the following two years. It also outlines provisions for retired judges, allowing them to serve as county prosecutors while receiving their pension, and specifies the conditions under which health care benefits will be provided to former judges who served as Administrative Directors of the Courts. The act is set to take effect immediately upon approval.

Statutes affected:
Introduced: 43:15A-156
Advance Law: 43:15A-156, 43:6A-13, 52:14-17.32
Pamphlet Law: 43:15A-156, 43:6A-13, 43:6A-11.1, 52:14-17.32