These meetings are held at the Division of Pensions & Benefits, 50 West State Street, Trenton, NJ, 1st Floor. 4 0 obj 0000007581 00000 n 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. var userProfile = Get_Cookie("userProfile"); } To be eligible for an Interfund Transfer: Additional rules and restrictions apply to Interfund Transfers. Nine Member Board: 6 Elected, 2 Gubernatorial Appointments, 1 Treasurer's Appointment, (l) State Investment Council Representative, (a) Actuarial Selection Committee Representative. } 36 0 obj <>stream Benefit Month Direct Deposit Date February, 2021 February 1, 2021 March, 2021 March 1, 2021 April, 2021 April 1, 2021 May, 2021 April 30, 2021 June, 2021 June 1, 2021 . If you miss the deadline, you will have to wait until the annual open enrollment period to add your partner to your plan. } All loans from employer-provided retirement plans add up to the highest value due, including any other government plans sponsored by or administered by a public sector employer in New Jersey. The official facebook page of the New Jersey Division of Pensions &. 0000010856 00000 n The Board meets monthly at the Division of Pensions and Benefits in Trenton. 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 section contains letters that the Division of Pensions & Benefits has recently sent to selected groups of retirees. Fact Sheets. Employers who participate in the State-administered Retirement Systems and Benefit Programs. There may be a change in the amount deducted from your paycheck or retirement check (if self-paid) due to the coverage-level change. GS>\[|b-aTr?cb}YsB~P@-[dgLfdSl;Cw&3# h 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. 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. *Members of the public may also attend this meeting telephonically by dialing: Toll Free: 877-336-4440 You should update your "Designation of Beneficiary" any time you experience a major life event such as marriage, civil union, divorce, birth or adoption of a child, or the death of a family member. Most members are covered by Group Life Insurance benefits. );.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@ You must indication if you have any additional loans on the MBOS application. if (document.forms[from_form].write_file) { You may be eligible to convert your coverage to an individual policy. } if (document.forms[from_form].affiliation_code) { Learn More. 0000019133 00000 n Call NJPIES Call Center for medical information related to COVID: Render decisions regarding Disability Retirement cases. Contact information for each of the 21 counties is provided below. 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. We encourage you to periodically visit the New Jersey Division of Pensions and Benefits' website for information regarding future elections. Meetings are held every fourth Tuesday every other month at 10:00 A.M. SPRS Board of Trustees meetings are held at the following location: Five Member Board: 2 members appointed by Superintendent of State Police; 2 Governor's Appointments; 1 Treasurer's Appointment. xb````` UY8%AAWf*:l$Lgc?4 Fri& bVq The maximum deduction toward the repayment of your loan is 25% of your base salary. You will then see a list of all the candidates, and you can make your selection. There may be a change in the amount deducted from your pay due to your coverage-level change. AUTHORIZATION FOR DIRECT DEPOSIT OF BENEFIT PAYMENT New Jersey Department of Labor and Workforce Development Division of Unemployment Insurance PO Box 908 Trenton, New Jersey 08625-0908 AUTHORIZATION FOR DIRECT DEPOSIT OF BENEFIT PAYMENT Change your address online using MBOS. State Health Benefits Program Plan Design Committee. 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. if (document.forms[from_form].allow_anonymous) { endstream endobj 14 0 obj <>stream z@,~% $n3012] _^ //--> Leave of Absence: Taking a Leave of Absence without pay for illness or family leave can have an impact your service credit, retirement, and health benefits coverage. If you are off payroll for any reason and your loan deductions are not taken as scheduled, additional interest will be added. Direct Deposit of the monthly benefit occurs on the last business day of the month. You seem to have disabled JavaScript. Please see our Pension Loan video and Frequently Asked Questions for additional information. If you are a "multiple member," you cannot withdraw until you have terminated all jobs covered by the pension fund. Before you can use MBOS, you must register with both MBOS and the myNewJersey website. Access Code: 3397842, School Employees' Health Benefits Program Plan Design Committee. Visit: covid19.nj.gov. 0000006265 00000 n else { Click the address on your MBOS Home Page to open the Change of Address application. It is important that the NJDPB is notified immediately upon your return to payroll so your loan plus additional accrued interest can be recertified. 0000012275 00000 n if (checkRemember(searchString) == "yes") { Paper Loan Applications are not accepted! endstream endobj 7 0 obj <> endobj 8 0 obj <> endobj 9 0 obj <>/Font<>/ProcSet[/PDF/Text]/ExtGState<>>> endobj 10 0 obj <> endobj 11 0 obj <> endobj 12 0 obj [/ICCBased 22 0 R] endobj 13 0 obj <>stream 0000018412 00000 n The process is easy and it only takes a few minutes to support the candidate of your choice. Active Employees Retirees Employers Claims Add a family member to your benefits? document.forms[to_form].required.value = document.forms[from_form].required.value; 0000001409 00000 n Direct Deposit of retirement checks is always the first of the month. 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. Review appeals pertaining to the denial of certain pension benefits. 0000003817 00000 n Only members who are actively working and making pension contributions may take a loan. One (1) retiree elected from the retirees of the system. Retired members may use MBOS to change their address, or may submit a Retiree Change of Address form. } If you miss the deadline, your spouse/partner will be enrolled on the first of the month following a 60-day waiting period. 0000004446 00000 n You can see your eligibility, the maximum amount you may borrow, and calculate various repayment options. 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. 0000015862 00000 n document.write('

Welcome, according to our records '); } FAQs. Visit: covid19.nj.gov Call NJPIES Call Center for medical information related to COVID: 800-962-1253 erdot; 0000174054 00000 n The member must request a paper Purchase Application by emailing: pensions.nj@treas.nj.gov. 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. else { Box 295, Trenton, NJ 08625-0295. You may borrow twice in a calendar year. After candidates have declared their interest in becoming a PERS Municipal representative, nominations to support a candidate are made primarily through a secure Web site. 84 0 obj <> endobj 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 . Eligibility is determined by where you worked-not your residence; therefore, the county contact will be based on the county where you are currently employed or your school district at the time you retired. If a delegate/alternate has established an MBOS account, they may access the MBOS account via the Login link on the State of New Jersey homepage. An administrative processing fee of $15 per loan also applies. 0000019838 00000 n '!F&-(6R\B9\Z.W(d&7x<1\q)&\ 6 27 0000008536 00000 n 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. Information on the selection of the delegates/alternates should be available with your respective County Superintendent's Office on or about March 1, 2023. 0000123589 00000 n You continue to contribute to and earn service credit in the same account. Governor Sheila Oliver, State Capitol Joint Management Commission, Supplemental Annuity Collective Trust (SACT), Defined Contribution Retirement Program (DCRP), New Jersey State Employees' Deferred Compensation Retirement Plan (NJSEDCP), Board Secretary - Division of Pensions & Benefits, Assistant Board Secretary - Division of Pensions & Benefits, Raymond Marini: raymond.marini@doe.nj.gov, Rosa Rodriguez: rosalina.rodriquez@doe.nj.gov, Lovell Pugh-Bassett: lovell.pugh-bassett@doe.nj.gov, Nichole Johnson: nichole.johnson@doe.nj.gov, Judith DeStefano-Anen: judith.destefano-anen@doe.nj.gov, Samantha Ludwig: samantha.ludwig@doe.nj.gov, Leslie White-Coursey: leslie.white-coursey@doe.nj.gov, Jillian Palladino-Gillespie: jillian.palladino-gillespie@doe.nj.gov, Noreen Rizzolo: noreen.rizzolo@doe.nj.gov, Melissa Pearce: melissa.pearce@doe.nj.gov, Yasmin Hernandez-Manno: yasmin.hernandez@doe.nj.gov, Lester Richens: lester.richens@doe.nj.gov, Charles Muller: charles.muller@doe.nj.gov, Kesha Drakeford: kesha.drakeford@doe.nj.gov, Peggy Nicolosi: peggy.nicolosi@doe.nj.gov, Stephen Goldman: stephen.goldman@doe.nj.gov, Camille Busichio: camille.busichio@doe.nj.gov, Daryl Palmieri: daryl.palmieri@doe.nj.gov, Samantha Grape: samantha.grape@doe.nj.gov, Mary Jane Tanner: maryjane.tanner@doe.nj.gov, Assistant Board Secretary Division of Pensions & Benefits. endstream endobj 14 0 obj <> endobj 15 0 obj <>stream

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