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 all outstanding obligations to PERS must be satisfied by prosecutors.

Furthermore, the bill sets the annual salaries for various judicial positions, including the Chief Justice and Associate Justices, starting January 1, 2024, with provisions for annual adjustments based on the Consumer Price Index for the following two years. It also includes stipulations for the salaries of county prosecutors, which will be fixed at $204,166.50, with similar annual adjustments. The bill allows retired judges to serve as county prosecutors without engaging in the practice of law and outlines the conditions under which they can receive their pensions while serving in this capacity. 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