Updated Information on 20 & Out Retirement

This letter from the Chair of the PFRSNJ Board of Trustees is being sent this morning to the Certifying Officers of all PFRS locations. This letter will answer many of the questions that have been asked.

This letter serves as notification of a new law that entitles members of the Police and Firemen’s Retirement System (PFRS) to a Service Retirement with an allowance equal to 50 percent of the member’s Final Compensation, regardless of age or enrollment date, upon attaining 20 or more years of service credit, if they retire within two years of the enactment of the law.

Download the Printable File