The bill amends several sections of New Jersey law regarding the membership and benefits of prosecutors in the Public Employees' Retirement System (PERS) and establishes new salary structures for judicial positions. It specifies that prosecutors will be members of the Prosecutors Part of PERS, with service credits established without additional costs for prior service in the 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. The bill also mandates that county prosecutors will receive an annual salary of $204,166.50 starting January 1, 2024, with subsequent adjustments based on the Consumer Price Index.

Furthermore, the bill outlines the salaries for various judicial positions, including the Chief Justice and Associate Justices, and establishes a mechanism for annual salary adjustments based on inflation. It also includes provisions for retired judges, allowing them to serve as county prosecutors while receiving their pension, and details the health care benefits for former judges who transition to the role of Administrative Director 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