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VICE PRESIDENTS CORNER
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PRESIDENTS MESSAGE  click here to read the full report Important new information from Wendy Jamison, Secretary for the Board of PFRS on training requirements to me met to remain in the System.
Training Requirements for PFRS
PENSION LOANS PLEASE NOTE Interest Rates and Fees Loan
Applications received during calendar year 2009 Loan
Applications received through December 31, 2008 EFFECTIVE NOVEMBER 1, 2008, paper Loan Applications are no longer accepted — All PERS, TPAF, PFRS, or SPRS members who wish to borrow against their pension accounts, must submit the loan request using the Pension Loan Application of the MEMBER BENEFITS ONLINE SYSTEM (MBOS). |
LINE OF DUTY DEATH
ROB NIXON'S CORNER BREAKING NEWS Pension Deferral Proposal Held in Senate The New Jersey Senate today held without a vote a legislative proposal that would have permitted local governments to skip $1.3 billion in pension payments over the next 3 years. The bill, Senate Bill 7, was opposed by the State PBA and State PBA President Wieners testified against it in the Senate Budget Committee last week. This testimony has been credited for calling into question the fiscal impact the deferral would have had on the pension system. The bill could still be voted on in the Senate in 2009 and the State PBA will be on top of this or any similar proposal that would undermine the health of the pension system. LATEST UPDATES IRS PENSION FIGHT
State PBA activity on IRS rule regarding Public Safety Employee
retirement age. |
