This bill establishes an Emergency Medical Services (EMS) Part within the Public Employees' Retirement System (PERS) in New Jersey, aimed at providing enhanced pension benefits for emergency medical service employees. The bill defines "emergency medical services employee" to include various roles such as emergency medical technicians, paramedics, and emergency medical services supervisors, among others. Membership in the EMS Part will be mandatory for these employees, and they will be subject to the same membership and benefit provisions as other public employees, with specific provisions outlined for retirement benefits, including a service retirement allowance based on years of creditable service and final compensation.

Additionally, the bill stipulates that the State will bear any increased pension costs incurred by counties or municipalities due to the enrollment of emergency medical services employees in the EMS Part. The legislation also includes provisions for retirement eligibility, contribution rates, and benefits for members, including options for special retirement and deferred retirement allowances. The act is set to take effect immediately upon passage.