'); The State Police member representatives to the Board of Trustees are appointed by the Superintendent of the New Jersey State Police. 0000004170 00000 n Meetings are held every month at 1:00 P.M. SHBP Plan Design Committee meetings are held at the following location: Division of Taxation Electronic Funds Transfer (EFT) also known as Direct Deposit is the automatic deposit of your monthly retirement check to your bank account. Residents who signed up for direct deposit when applying for the ANCHOR tax relief program could see their payments as soon as Tuesday. z@,~% $n3012] _^ 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. 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. 0000014896 00000 n Usually, your minimum loan repayment amount will be the same whether you borrow $500 or $5,000; however, the repayment of a larger loan will continue for a longer period of time that for a smaller loan. Call NJPIES Call Center for medical information related to COVID: Retrieving your Personal Benefits Statement. 0000090552 00000 n Only members who are actively working and making pension contributions may take a loan. document.write('you have not set your user profile:'); The election process has begun to fill three positions on the Board of Trustees of the Public Employees' Retirement System; one State representative position, one Municipal representative position and the County representative position. 28 . . % The Certifying Officer at each employing location is required to distribute this information to all eligible employees when the notice is received. The New Jersey Division of Pensions & Benefits (NJDPB) welcomes the opportunity to consider your thoughts, concerns, ideas, and questions. document.write('
Welcome, according to our records '); 0 Meetings are held every Second Monday 10:00 A.M. *Indicates change due to holiday or conflict of original schedule. These meetings are held at the Division of Pensions & Benefits, 50 West State Street, Trenton, NJ, 1st Floor. document.forms[to_form].allow_anonymous.value = document.forms[from_form].allow_anonymous.value; State of NJ - Department of the Treasury - NJDPB | Contact Us Visit: covid19.nj.gov. The official facebook page of the New Jersey Division of Pensions &. -Read Full Disclaimer, Loan Applications Received During Calendar Year 2023. For complete information about pension loans, see our Loans fact sheet or our Pension Loans page. Your contributions and service credit are transferred from the former retirement system to the new one. 0000001902 00000 n How PBGC Operates. 0000002427 00000 n Retirement System Eligibility and Enrollment Information. Meetings are held the third Friday of every other month at 10:00 A.M. *Indicates a change due to a holiday or a scheduling conflict. To register or log on to MBOS, look for "Access MBOS" above. ssEs@r[@:k~00&Nl'i&^C%3XLUX?5@Hx_BkPv04HD^0E0{~ eK%_sThD.+wq(=ewZ}5N[=_'a"{**|^v4jZ8[1o f% For inclement weather cancellations, call 609-292-6649. Seminars are live classroom sessions provided at locations across the State. Once you apply, you will receive confirmation that your Loan Application is received along with the date your loan check will be mailed. We encourage you to periodically visit the New Jersey Division of Pensions and Benefits' website for information regarding future elections. 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. *This meeting will be held in person at 9:00 A.M. in Committee Room 7 at the State House Annex. Review appeals pertaining to the denial of certain pension benefits. hb``c``2f T, b|P9P3F\JjD>#@ F$ g State of NJ - Department of the Treasury - NJDPB | Video Library 0000008275 00000 n 0000015862 00000 n You . cial institution shall have the right of offset for such a refund and I authorize the financial institution to provide the Division of Pensions and Benefits with my home address. H\j@E^&wU^L' KeGD[^oH`R.Gf;N\[\4&M:y=(I'vKient4W;n/Xu~OZ>+{n:%i2LhC8tP7%rUEA&xe2-x\uPFfm52k2*1rr9d9=x ^OO;nr+b1nln767?#gakGx_'gG-4uqrZewO } Retired members of the SHBP/SEHBP must complete a Life Event change on Benefitsolver and upload Proof of Dependency documentation. 0000010856 00000 n Direct Deposit Payment Date Check Mail Date; January 2022: January 3, 2022: December 29, 2021: February 2022: February 1, 2022: . Once agendas are received, they are linked to the meeting date associated. 0000000016 00000 n When the death of a member of one of the New Jersey State-administered retirement systems oc-curs, the member's family or survivors should noti-fy the New Jersey Division of Pensions & Benefits (NJDPB) at (609) 292-7524 and provide the following information: The full name of the deceased; The deceased's Social Security, pension mem- 0000001590 00000 n 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. Your payments will continue to be added to your New Jersey DCF Debit MasterCard until direct deposit is in effect on your bank account. 0000004584 00000 n else { Your withdrawal claim cannot be paid until your former employer has completed this form. 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. 0000003817 00000 n State of NJ - Department of the Treasury - NJDPB | PERS The NJDPB presents employer training for Certifying Officers and other personnel responsible for the administration of pensions and benefits at employing locations. Be sure to read the registration instructions for active members and for retired members and then use the button below to register for MBOS. 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. 0000019777 00000 n 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. Set_Cookie("userProfile",searchString,expires); 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 (checkRemember(searchString) == "yes") { 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. 0000001280 00000 n var top = (screen.height/2) - height/2; You may borrow twice in a calendar year. See your plan Guidebook for full details about Group Life Insurance. Members of ABP, DCRP, and SACT should use an ABP/DCRP/SACT Change of Address Form. else { %%EOF 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. Members have frequently requested for their loanto be available by direct deposit. There will be a change in the amount deducted from your paycheck or retirement check (if self-paid) due to your coverage-level change. The Division of Pensions & Benefits has all financial reports available on our Financial Reports page. 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. document.forms[to_form].required.value = document.forms[from_form].required.value; Members of the SHBP/SEHBP must complete a Life Event change on Benefitsolver to remove a dependent. Additional rules and restrictions apply to Intrafund Transfers. The Member Benefits Online System (MBOS) gives registered users internet access to pension and health benefit account information and online applications. Please select the applicable accordion to see information for PERS. You also can send an email to: pensions.nj@treas.nj.gov IRS regulations require members to make timely payments toward outstanding loan balances. By law, if you are on a leave of absence granted by your employer, withdrawal is not allowed. Pension Check Mailing Schedule Benefit Month Check Mailing Date February, 2021 January 28, 2021 March, 2021 February 25, 2021 Fourth Quarter (October to December) 2022, 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. startxref Once agendas are received, they are linked to the meeting date associated. NJ ANCHOR property tax relief rebate payments to begin Tuesday Any amount that you receive over the maximum shall be reported to the IRS as a deemed distribution and subject to additional tax. Adopt rules and regulations to (a) provide for the payment of benefits and collection of monies as required by the statute and (b) to prevent injustices and inequities that may arise in the operation of the Retirement System within the limitations of statutes and opinions of the Courts. 2023 MCRS Pension Payment Schedule - Middlesex County Retirement System Please navigate to your plan below to find the meeting dates and agendas. Official Site of The State of New Jersey - Government of New Jersey May 10, 2023 this meeting to be held at the Division of Pensions & Benefits, 1st floor board room, 50 West State St., Trenton, NJ, Danielle Schimmel, Chairperson, representing State Treasurer Elizabeth Maher Muoio, Philip Gennance, representing Acting Commissioner Marlene Caride of the Dept. Please see our Pension Loan video and Frequently Asked Questions for additional information. // var code = document.forms[from_form].affiliation_code.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. 0000004446 00000 n PDF PAYMENT SCHEDULE - Public Partnerships The statute provides that no employee shall suffer loss of salary or wages because of serving on the Board. endstream endobj startxref If you are a "multiple member," you cannot withdraw until you have terminated all jobs covered by the pension fund. 0000004737 00000 n // alert(code); Box 295, Trenton, NJ 08625-0295. Only active PERS-County members may nominate a candidate for the PERS County position. Retirees can easily review life insurance/pension. } var expires = new Date(today.getTime() + (56 * 86400000)); 0000004300 00000 n 0000019838 00000 n View Tax Withholding Requests in our Video Library. 82 0 obj <>stream Before you can use MBOS, you must register with both MBOS and the myNewJersey website. else if ((searchString.length > 0) && (checkRemember(searchString) != "yes")){ 0000007581 00000 n 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. Direct Deposit of the monthly benefit occurs on the last business day of the month. 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. Tax amounts are averaged within each wage range your actual tax amount may vary, Taxation of Retirement Benefits Fact Sheet, IRS Publication 15-T, Federal Income Tax Withholding Methods, For more information on Federal Tax, please refer to the IRS website, For more information on NJ State Tax, please refer to the taxation website. 0000057476 00000 n 6 27 Active members of the SHBP/SEHBP must complete a Life Event change on Benefitsolver and upload Proof of Dependency documentation. // alert(document.forms["contact"].allow_anonymous.value); Informing the NJDPB of a change of address is easy and helps ensure that you will receive important information without delay. There may be a change in the amount deducted from your pay due to your coverage-level change. Q=9g,L4eDUItpuug*'akU9d9mey\wD:!8(}5 A!Q8_\,HV o`B>?(%Z7q,uritn |N(LX|F'B*/&@8}Z)6 7~wC[ In the event that more than one candidate has registered with the Board Secretary, an election will be required which is conducted electronically via the Member Benefits Online System (MBOS). This section contains letters that the Division of Pensions & Benefits has recently sent to selected groups of retirees. -Read Full Disclaimer. Please remember to register with your respective county for the 2024 election of a member-trustee. 7:00 a.m. - 4:30 p.m. Monday through Friday (except State holidays). The NJDPB does not retain address information for active employees. Postmark Date All New Jersey Income Tax returns postmarked on or before Change your address online using MBOS. For example, if you make a request for a loan on December 27, 2019, and the check is dated January 8, 2020, the loan is considered your first for the year 2020. endstream endobj 85 0 obj <. Failure to notify the NJDPB in a timely manner will cause additional interest to accrue. hb```rN``f`sl`hae`o``PmCGGDXi^ 0*139H^0jHl8ty // var recipient = document.forms[from_form].recipient.value; Retirees can also verify their beneficiary designations by written request to: Beneficiary ServicesDivision of Pensions & Benefits P.O.