LEGISLATIVE FISCAL ESTIMATE
SENATE, No. 3529
STATE OF NEW JERSEY
219th LEGISLATURE
DATED: DECEMBER 23, 2021
SUMMARY
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Synopsis: |
Clarifies that member of SPRS may receive accidental disability benefit under certain circumstances. |
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Type of Impact: |
Annual State expenditure increase, General Fund |
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Agencies Affected: |
Division of Pensions and Benefits, Department of the Treasury |
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Office of Legislative Services Estimate |
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Fiscal Impact |
Year 1 |
Year 2 |
Year 3 |
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State Cost Increase |
Indeterminate |
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· The Office of Legislative Services (OLS) finds this bill will result in an indeterminate annual increase in State contributions to the State Police Retirement System (SPRS). The OLS cannot estimate the impact because the number of SPRS members who would qualify under this bill is not known.
BILL DESCRIPTION
This bill provides that a member of the State Police Retirement System may be eligible for an accidental disability retirement allowance if the member becomes permanently and totally disabled because a preexisting and asymptomatic condition that the member had previously that is later rendered symptomatic as a direct result of a traumatic event occurring during and as a result of the performance of regular or assigned duties.
FISCAL ANALYSIS
EXECUTIVE BRANCH
None received.
OFFICE OF LEGISLATIVE SERVICES
The OLS finds this bill will result in an indeterminate annual increase in State contributions to the SPRS. The OLS cannot estimate the impact because the number of members who would qualify under this bill is not known.
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Section: |
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Analyst: |
Section Chief |
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Approved: |
Thomas Koenig Legislative Budget and Finance Officer |
This legislative fiscal estimate has been produced by the Office of Legislative Services due to the failure of the Executive Branch to respond to our request for a fiscal note.
This fiscal estimate has been prepared pursuant to P.L.1980, c.67 (C.52:13B-6 et seq.).