This bill amends the regulations governing the Police and Firemen's Retirement System (PFRS) in New Jersey by removing the ability of the Board of Trustees to withhold retirement or death benefits from members based solely on ongoing civil litigation. Specifically, the bill states that the Board shall not hold benefits in abeyance due to civil litigation, while still allowing the Board to withhold benefits if a member faces criminal charges or has been dismissed from public employment due to administrative charges.

Additionally, the bill grants the Board the authority to adjust a member's retirement or death benefits based on the outcome of any legal proceedings in which the member was involved. This change aims to provide greater financial security to PFRS members during civil litigation, while still maintaining the Board's ability to manage benefits in cases of criminal or administrative issues. The act is set to take effect immediately upon passage.