HKo@)fc: @.%6*==Of!h4!0|pJu[ eLeCt/ysGm_bI^fDb >BR??}_y|X`1j$=U]@Vw}{Q&FP\PD'u)oHiy5H0& 1^ 6~KU\W?_f4yMxgFDG{5_.=zkaU}~Pwp#yJ4u%[I ysTOoGy4~ @ .A)Xo6h}N'LPngR?!%t{1l`QxnvuHS,W'rJ/|S] mYl1:v*fP_ Direct deposit available New Jersey Online Filing Use the free New Jersey Online Filing Service to file . Google Translate is an online service for which the user pays nothing to obtain a purported language translation. /* if (! Some options include: You may log on or register using the "Access my MBOS Account" section located at the top of every page. You also can send an email to: pensions.nj@treas.nj.gov ANSWER: Yes. Microsoft Teams meeting These names will remain active through May 31, 2023. Resolve individual questions on the merits of each case in terms of statutes, advice of the Actuary and cases cited by counsel as deliberated by the Courts. for the full amount of all retirement allowances or survivor benefit payments with due dates after the death of the benefit rec ipient . MAIL TO: Direct Deposit Division of Pensions and Benefits PO Box 295 Trenton, NJ 08625-0295 _____ Your Account Number Be sure to read the registration instructions for active members and for retired members and then use the button below to register for MBOS. Please navigate to your plan below to find the meeting dates and agendas. The minimum amount you may borrow is $50. Postmark Date All New Jersey Income Tax returns postmarked on or before If you require the services of a relay operator, please dial 711 and provide the operator with the following phone number: 609-292-6683. Box 295 Trenton, NJ 08625-0295 THE RETIREMENT SYSTEM The State of New Jersey established the PERS in 1955 to replace the former State Employees' Retirement System . } Active Employees Group Life Insurance coverage may be of one or two types: Conversion When you retire, go on a leave of absence, or terminate your employment, coverage ends 31 days after you stop working. `Oth1P}g< 0000001409 00000 n endstream endobj startxref . %%EOF tp0rHp5|Qy0> _GX:/:CF)jRwW0)q"!(@%r`#~bL5-_.C The NJDPB is assigned all administrative functions of the retirement system except for invest- ment . You must apply to purchase service credit through MBOS. Group Life Insurance Conversion Calculator. startxref 0000004446 00000 n 0000019285 00000 n You . 0000019133 00000 n Workers' Compensation can impact pension contributions, life insurance, and health benefits. Direct Deposit of the monthly benefit occurs on the last business day of the month. HtSR0}W[xKa[Al%ILFjggApi6RZWP=e_ 4Z#a9pV1x~H JxOxa!D. 0000003154 00000 n Resolve individual questions and appeals on the merits of each case in terms of statutes, opinions of the Attorney General, advice of the Actuary and cases cited by counsel as deliberated by the Courts. B^CSHsH of Banking and Insurance, Julie Giordano Plotkin, Associate Director, NJEA, Carl Tanksley, N.J. School Boards Association, Michael Maillaro, Commissioner, AFL-CIO representative, VACANT, Governor's Appointee, NJ Resident, Justin Zimmerman Governor's Appointee. The Certifying Officer at each employing location is required to distribute this information to all eligible employees when the notice is received. Direct Deposit Division of Pensions and Benefits PO Box 295 Trenton, NJ 08625-0295 FC-0430-1209 STATE OF NEW JERSEY - DIVISION OF PENSIONS AND BENEFITS AUTHORIZATION FOR DIRECT DEPOSIT OF BENEFIT PAYMENT . endstream endobj 50 0 obj <>stream 0000005393 00000 n You may borrow twice in a calendar year. // alert(document.forms["contact"].error_redirect.value); 0000005453 00000 n Retired members of the SHBP/SEHBP must complete a Life Event change on Benefitsolver and upload Proof of Dependency documentation. The State Police member representatives to the Board of Trustees are appointed by the Superintendent of the New Jersey State Police. Call NJPIES Call Center for medical information related to COVID. Helpful video instructions on common pension functions. 0000057216 00000 n stream Most members are covered by Group Life Insurance benefits. 0000173340 00000 n Five (5) Trustees Appointed by the Governor. H\@F>E-V@L:0y 0Q1f4AOf7}[NuS2ckY^Uzux2Z*}+%t>p|=y23km]Qh1YfRxTcSxl5PChm563Bn !Z `q8X43YY,c=3YdB2C2!!LHfH&$3$ Members must submit a loan request through MBOS. If a delegate/alternate has not established an MBOS account we recommend that they do it by accessing it through the Division's website. 0000004300 00000 n Retirees can also verify their beneficiary designations by written request to: Group life insurance benefits are reduced for most members. If writing to change your address, use the Change of Address Form or send your change of address information in a letter to Pension Payroll, Division of Pensions & Benefits, P.O. xb````` UY8%AAWf*:l$Lgc?4 Fri& bVq else { var userProfile = Get_Cookie("userProfile"); Loans then increase in multiples of $10. It is IMPORTANT for the counties to continue to annually submit the names of delegates and alternates. Box 295 Trenton, NJ 08625-0295 THE RETIREMENT SYSTEM The State of New Jersey established the PERS in 1955 to replace the former State Employees' Retirement System . document.forms[to_form].allow_anonymous.value = document.forms[from_form].allow_anonymous.value; 0000019777 00000 n A child who has reached age 26 and a COBRA recipient may continue coverage under COBRA for a period of 36 months. . else { The amount of group life insurance available to your beneficiaries is shown on your Quotation of Retirement Benefits, sent to you when you first retired. } Retirees can easily review and change their, Review your life insurance and pension beneficiary designations via, State Active Employees Only: Disenroll your spouse/partner/dependent from your. Both seminars and webinars conclude with a brief Q&A period. Retirees who have determined they qualify for reimbursement should follow the submission procedure detailed in the packet and submit the required documentation through mynjbenefitshub no later than May 31, 2023. Retirement System Eligibility and Enrollment Information. Contributory Group Life Insurance is coverage where the member pays a premium through payroll deductions. This is determined by the date of the loan check, not the date of the request. If you have recently returned to work after a leave of absence without pay or have changed employers within the last six months, you must obtain a loan application from your employer, who must certify the bottom portion of the loan application that you have returned to employment. If you miss the deadline, you will have to wait until the annual open enrollment period to add your partner to your plan. Board of Trustees & Commission Meeting Dates and Agendas for 2023 Please navigate to your plan below to find the meeting dates and agendas. Use MBOS to authorize or change your Direct Deposit online. Once you apply, you will receive confirmation that your Loan Application is received along with the date your loan check will be mailed. hb`````Mg`e`Abl,+ 70` When removing a dependent child from your coverage (for any reason) there may be a change in the amount deducted from your paycheck or retirement check (if self-paid) due to your coverage-level change. 0000003470 00000 n Every time a member borrows against their available loan balance, the entire outstanding balance is re-certified for the current year's interest rate. Z+kiWh]p88,99-99-99 %OKBKttaL%OK|?3Og/9~/9~NiMf[\ `Z&SS~\=wm&>7bvj<5 2 H38L@/@,P?T^XXm fA7O It is also possible that the maximum amount you can borrow may be reduced, or the loan request may be rejected if the payroll deductions would be more than 25 percent of your pay. 0000016484 00000 n endstream endobj 36 0 obj <>>> endobj 37 0 obj >/PageTransformationMatrixList<0[1.0 0.0 0.0 1.0 0.0 0.0]>>/PageUIDList<0 203>>/PageWidthList<0 792.0>>>>>>/Resources<>/ExtGState<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/Rotate 0/Tabs/W/Thumb 30 0 R/TrimBox[0.0 0.0 792.0 612.0]/Type/Page>> endobj 38 0 obj <> endobj 39 0 obj <> endobj 40 0 obj <> endobj 41 0 obj [/ICCBased 64 0 R] endobj 42 0 obj <> endobj 43 0 obj <> endobj 44 0 obj [69 0 R] endobj 45 0 obj <>stream Only members who are actively working and making pension contributions may take a loan. */. Trenton, NJ 08625-0295. It is your responsibility to add a dependent to your health plan coverage. 0000019838 00000 n View Updating Your Address in our Video Library. 17:3-1.4, which sets forth the procedure for the election of a member-trustee. 122b G$$)\'?P#-Jc#^ 1]v:+$&[1S @M1*k{7EJ^W2lFwpl>spT_\c. Your payments will continue to be added to your New Jersey DCF Debit MasterCard until direct deposit is in effect on your bank account. To withdraw the balance in a lump sum, you must no longer be working in any covered position. An online Purchase Estimate Calculator is available through MBOS. Note: If changing banks or accounts, be sure to keep the old account open until EFT processing is fully completed and you see the benefit payment deposited in the new bank or account. Before you can use MBOS, you must register with both MBOS and the myNewJersey website. 0000019308 00000 n <]>> endstream endobj 14 0 obj <> endobj 15 0 obj <>stream Call NJPIES Call Center for medical information related to COVID: Render decisions regarding Disability Retirement cases. The letters are provided for archival purposes only; therefore, some information may be out of date and/or superseded by later changes. When using MBOS you can determine your eligibility to borrow, the maximum amount you may borrow, and calculate various repayment options. The NJDPB does not retain address information for active employees. The State of NJ site may contain optional links, information, services and/or content from other websites operated by third parties that are provided as a convenience, such as Google Translate. State Local Education, Our mission is to provide quality benefits and services to meet the needs of our clients. 0000019491 00000 n Beneficiaries of pension and/or life insurance payments and surviving spouse/partner/dependents on the member's health insurance coverage will be notified by mail. } 0000205890 00000 n Pension Check Mailing Schedule Benefit Month Check Mailing Date February, 2021 January 28, 2021 March, 2021 February 25, 2021 Learn More. Set_Cookie("userProfile","",expires); Call NJPIES Call Center for medical information related to COVID: If you borrowed in 2022 or earlier, you keep your original interest rate. You just need to have access to a computer and log on to Election America and follow the simple directions. It is important that the NJDPB is notified immediately upon your return to payroll so your loan plus additional accrued interest can be recertified. Review appeals pertaining to the disallowance of pension benefits. 0000012529 00000 n Call NJPIES Call Center for medical information related to COVID: You must not have withdrawn from the PERS; and, It must be less than two consecutive years since your last pension contribution; and, You must meet all the eligibility requirements of the PERS with the new employer. Meetings are held every month at 1:00 P.M. SHBP Plan Design Committee meetings are held at the following location: Division of Taxation *This meeting will be held in person at 9:00 A.M. in Committee Room 7 at the State House Annex. Nominations must be received online or arrive in the Board Office on or before 4:00 p.m. Monday, May 15, 2023. After the candidates have declared their interest in becoming a PERS State, Municipal or County representative, nominations to support your choice for a candidate are made electronically through a secure web site. There may be a change in the amount deducted from your paycheck or retirement check (if self-paid) due to the coverage-level change. The maximum is calculated by subtracting your highest balance due (without interest) during the prior 12-month period from $50,000. HT]o0}WSqm mR)n4UDif`Nt^G$psP)-|G\0LH#z70FF,gIXir2P1a)9XhKU(3w_l'lOX>mHz9^"rJb4%\0bhG$o6eXnd XKu(F Q.JH|>lg"*Yc[T{h+-lU]C%.Q$6_ X{2@),&_34_^tm0*Pw5^Z&obO'^OS(rq8a%;=IC:Gf@@#M!)TRhTj](:s]"~ ?i$q b><8}u M8.f2=[\,?.79,o.ohj7Nh,bO-5)wn+~0 6vd 5555. To be eligible for an Interfund Transfer: Additional rules and restrictions apply to Interfund Transfers. sI4 >nu'-T|lt #II~>kZ_FIn 3eG eww{v:|5=X]w?nl You may borrow up to 50 percent of your posted pension contributions, up to a maximum of $50,000. Members applying for a purchase fewer than 30 days before their retirement date or Board of Trustees approval date. 82 0 obj <>stream // var recipient = document.forms[from_form].recipient.value; More videos are available to view in our Video Library, Retirement Types, Eligibility & Calculations, Site Maintained by Division of Revenue and Enterprise Services, Governor Phil Murphy Lt. It normally takes 45 to 60 days after the end of a quarter for your membership credit to be posted to your account. Stay up to date on vaccine information. Retired members may use MBOS to change their address, or may submit a Retiree Change of Address form. GS>\[|b-aTr?cb}YsB~P@-[dgLfdSl;Cw&3# h After candidates have declared their interest in becoming a PERS State representative, nominations to support a candidate are made primarily through a secure Web site. Informing the NJDPB of a change of address is easy and helps ensure that you will receive important information without delay. If you take a leave of absence without pay for more than three months, you will be notified of non-payment toward the balance of your outstanding loan and offered the choice of making a lump-sum payment for the balance plus interest, or repayment of the loan in monthly installments through personal billing. P.L. If you have ended your New Jersey public employment, are not planning to return, and are not eligible to retire, you may withdraw your pension contributions. Information on the selection of the delegates/alternates should be available with your respective County Superintendent's Office on or about March 1, 2023. 0000004737 00000 n Those who wish to become a candidate for this position must be a resident of the State of New Jersey and must be employed in or retired from one of the counties listed above in Group C. Written letters of interest for this position will be accepted by the Secretary of the TPAF Board no later than March 1, 2023. Meetings are held every month at 10:00 A.M. SEHBP Plan Design Committee meetings are held at the following location: State Health Benefits Program (SHBP) Plan Design Committee Members, School Employees' Health Benefits Program (SEHBP) Plan Design Committee Members. %PDF-1.3 9Dd'67#CeQ8^d.G*FrjT#`diB{~w}r I8XerX=6I,19AG8]NeD"z--KK?~t!br@&_Bz1U9k3i(^juu^(~sO #s5#lz#:H{T\q&dJp+8-sy, ihx&&uRg9;=yF3rjak*r0xo|Lsh!b\(G/tA""WpNL /KnViG,{MS=^Pe\9aWsc\B8aTvjnh4XR+{[7Y /gB0vkcG,FVKt.v! Caller-Paid: 409-207-6984 You must have at least three years of service credit and contributions posted to your pension account. /* if ((searchString.length > 0) && (checkRemember(searchString) == "yes")){ 28 . Please see our Pension Loan video and Frequently Asked Questions for additional information. // alert(document.forms["contact"].required.value); // var write_file_value = document.forms[from_form].write_file.value; The user is on notice that neither the State of NJ site nor its operators review any of the services, information and/or content from anything that may be linked to the State of NJ site for any reason. 0000172961 00000 n Once agendas are received, they are linked to the meeting date associated. Review appeals pertaining to the denial of certain pension benefits. The interest on a pension loan borrowed in 2023 has been set at 10 percent per year. <<3FA717701EC33B4B835C453558FB4D18>]/Prev 264054>> Google Translate is an online service for which the user pays nothing to obtain a purported language translation. For inclement weather cancellations, call 609-292-6649. Fact Sheets. If more than one Municipal candidate receives 300 or more nominations, an election will be required. The minimum deduction toward repayment of an new loan is equal to the normal pension contribution rate of your salary at the time you apply for the loan. If you have no outstanding balance and borrow in 2023, you will be charged 10 percent interest on the amount borrowed, unless you borrow again after the 2023 calendar year has ended. You may be eligible to convert your coverage to an individual policy. document.forms[to_form].write_file.value = document.forms[from_form].write_file.value; 0000003283 00000 n 0000006868 00000 n The number of loan payments and the amount of interest due is based on continuous payments. Call NJPIES Call Center for medical information related to COVID. msgWindow.document.write(head + body); Technical Note: If you are unable to use this form, you can contact the NJDPB at the mailing address listed. endstream endobj 14 0 obj <>stream Residents who signed up for direct deposit when applying for the ANCHOR tax relief program could see their payments as soon as Tuesday. );.Ka2[]tSEA?ivc#6bIHhV,9.i%T}Dddvg$2DG8lEdFhVUvjn@0i:^LVqR!$6Cy0iAWy")+Doy/mu{yjsA-R}}+fA$uD kuPR[ -X0\e :P &f~ v/a#op'G3oV|0=xgHa|=Uk(k >8 -w!/P2CMQZLiwK`gd!T|sA@ %%EOF else { Establish rules and regulations within the limitations of statutes and opinions of the Courts and the Attorney General, designed to prevent injustices and inequities that may arise in the operation of the Retirement System. The Board meets monthly at the Division of Pensions and Benefits in Trenton. HSn0+V`FN&%9e(W_! Google Translate is an online service for which the user pays nothing to obtain a purported language translation. Interest is charged on a loan at a commercially reasonable rate determined using the Prime Rate (7.5 percent) plus 2.5 percent and approved by the New Jersey State Treasurer. document.forms[to_form].error_redirect.value = document.forms[from_form].error_redirect.value; To register or log on to MBOS, look for "Access MBOS" above. The State of NJ site may contain optional links, information, services and/or content from other websites operated by third parties that are provided as a convenience, such as Google Translate. h]oJ^r]-U (i\8f/MJ;1$VuRY+ffwfg8 ' W^ \>]+PK~W8?8a>(. Retirees can easily review life insurance/pension. Box 295, Trenton, NJ 08625-0295. 0000004559 00000 n There will be a change in the amount deducted from your paycheck or retirement check (if self-paid) due to your coverage-level change. State Active Employees Only: Disenroll your spouse/partner from your, It is your responsibility to add a new spouse/partner to your health plan coverage within 60 days of the date of marriage or partnership. If you miss the deadline, your dependent will be enrolled on the first of the month following a 60-day waiting period. Call NJPIES Call Center for medical information related to COVID: 800-962-1253 erdot; Must find? Budget, Performance & Planning. If you receive monthly benefits from PBGC through direct deposit, we will deposit your benefit payment on the first business . trailer HlSMs6W0 >VrDTAtHHowIQ =| &bSh)T8+p{AvKerH,@)K& *w011R"2Bq%=mx=] .X]]!X01.pQ~?4]C[TveSCs7L@C}fq|j?1l5h am"c [_M}R+ZrFUs5lp8HSYBDFP54Rz You just need to have access to a computer and log on to Election America and follow the simple directions. Once you apply for withdrawal, your former employer will be contacted to complete the Employer's Certification for Withdrawal. If you are interested in being a delegate/alternate for the 2024 election of a member-trustee, contact your respective County Superintendent's Office. if (document.forms[from_form].error_redirect) { There may be a change in the amount deducted from your retirement check (if self-paid) due to your coverage-level change. A member who wishes to be a candidate for the PERS County position must be an active or retired PERS-County member and must be nominated by at least 500 active PERS-County members. document.forms[to_form].affiliation_code.value = document.forms[from_form].affiliation_code.value; 0000057963 00000 n All training is designed to include recent changes to administrative rules, State and federal laws. 0000006735 00000 n Nine Member Board: 6 Elected, 2 Gubernatorial Appointments, 1 Treasurer's Appointment, (l) State Investment Council Representative, (a) Actuarial Selection Committee Representative. var cookieEnabled = checkCookieEnabled(); Three (3) active Police Representatives: One (1) elected by the active members of the system, one (1) appointed by the president of the New Jersey State Policemens Benevolent Association (PBA), and one (1) appointed by the President of the New Jersey State Fraternal Order of Police (FOP) . 84 0 obj <> endobj Failure to notify the NJDPB in a timely manner will cause additional interest to accrue. The interest rate on pension loans is set annually by the New Jersey State Treasurer . Election ballots will be mailed to PERS-County employers for distribution on or about June 2, 2023. If more than one State candidate receives 500 or more nominations, an election will be required. To request a Direct Deposit Enrollment Form or download the form, visit www.njdcfpaymentcenter.com. There may be a change in the amount deducted from your pay due to your coverage-level change. You will then see a list of all the candidates, and you can make your selection. Division of Pensions & Benefits NJDPB Pensions Health Benefits Services Publications Access MBOS Our Programs Miscellaneous Pay My Health Benefits Bill Contact Us Home Pension Information - Active Employees Public Employees' Retirement System Public Employees' Retirement System Please select the applicable accordion to see information for PERS. Establish rules and regulations within the limitations of statutes and opinions of the Courts designed to prevent injustices and inequities that may arise in the operation of the Retirement System. Render determinations regarding Disability Retirement cases and approve retirements. Transmit hearing requests to the Office of Administrative Law (OAL) and review decisions from the OAL. } Note: SHBP or SEHBP members who do not receive a monthly pension check cannot use the MBOS Change of Address application and should write to the NJDPB. 0 Webinars are live, interactive web presentations hosted by GoToMeeting. 0000014146 00000 n If you have an outstanding pension loan balance and plan to take another loan, you must repay the combined balance of the original loan and all subsequent loans within five years of the issuance date of the first loan. // alert(document.forms["contact"].write_file.value); More videos are available to view in our Video Library, Retirement Types, Eligibility & Calculations, Site Maintained by Division of Revenue and Enterprise Services, Governor Phil Murphy Lt. Pension credit is "posted" to your account on a quarterly basis. The user is on notice that neither the State of NJ site nor its operators review any of the services, information and/or content from anything that may be linked to the State of NJ site for any reason. If you take additional loans before the original loan is completely paid off, you must pay them all off by the first five-year end date. var userProfile = Get_Cookie("userProfile"); Phone Conference ID: 860 479 929#. You will need to provide the last four digits of your social security number, the first four letters of your last name, and your birthdate. Need to change your name or address? document.write('