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The member must submit a Tier-to-Tier Transfer Form. There may be a change in the amount deducted from your pay due to your coverage-level change. 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 head = '
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All pension loans are disbursed by Electronic Funds Transfer (EFT), also known as Direct Deposit. %? |8\b|)BH$XDVL( ) mG]9>YmvuAS0:*%SXuCoi{gr: ET!~Ji0KES cx_ymdwbflR87 %FQOG)dVKCm. 5$? Include your name, retirement number or the last four digits of your Social Security number, both the old and new addresses, the date of the move, your daytime telephone number, and your signature. To be eligible for an Intrafund Transfer: If there has been a break in service of more than two years since your last pension contribution, you cannot contribute to your prior PERS account. Please remember to register with your respective county for the 2024 election of a member-trustee. 0000174412 00000 n
You must indication if you have any additional loans on the MBOS application. In order to participate in an election, a delegate/alternate must have an MBOS account in order to cast their vote. The Board of Trustees of the TPAF adopted N.J.A.C. 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. 82 0 obj
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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. Report a death? It is important to note that by submitting a Tier-to-Tier Transfer, you waive all rights to retirement benefits under the original account. The loan interest rate is fixed annually, so if you borrow in 2023 you will have the same interest rate for the life of your loan unless you borrow again after the 2023 calendar year has ended. Technical Note: If you are unable to use this form, you can contact the NJDPB at the mailing address listed. It is important that the NJDPB is notified immediately upon your return to payroll so your loan plus additional accrued interest can be recertified. Direct Deposit of retirement checks is always the first of the month. To withdraw the balance in a lump sum, you must no longer be working in any covered position. Archived Board Agendas PERS TPAF PFRS SPRS JRS SHBC SEHBC PHBRC Plan Design Committee Other We would like to thank those delegates and alternates who registered this year with their respective county. Public Partnerships cannot guarantee on-time payment for timesheets received after the deadline. Need to change your name or address? 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. For inclement weather cancellations, call 609-292-6649. 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. Helpful video instructions on common pension functions. For complete information about pension loans, see our Loans fact sheet or our Pension Loans page. Meetings are held every other month at 10:00 A.M. State Health Benefits Commission meetings are held at the following location: *Rate Renewal Meeting held from 10:00 A.M. to 12:00 P.M. **Rate Renewal Meeting held from 1:00 P.M. to 3:00 P.M. School Employees Health Benefits Commission meetings are held at the following location: *Rate Renewal Meeting held from 1:00 P.M. to 3:00 P.M. ** Rate Renewal Meeting held from 10:00 A.M. to 12:00 P.M. (Homeowners $250,000 and Renters/Tenants $150,000) Filing deadline was February 28, 2023. 6 27
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The letters are provided for archival purposes only; therefore, some information may be out of date and/or superseded by later changes. All training is designed to include recent changes to administrative rules, State and federal laws. %%EOF
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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- 0000014896 00000 n
The delegates and alternates selected from the membership of each county shall vote for the member-trustee. Because the deposit of your retirement check occurs automatically, you will not have to make a special trip to the bank just to cash your retirement check, and your retirement check can never get lost or stolen in the mail. Call NJPIES Call Center for medical information related to COVID: Render decisions regarding Disability Retirement cases. 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. 0000009911 00000 n
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New To PBGC? Paper withdrawal applications are not accepted. 2023 MCRS Pension Payment Schedule | Middlesex County Retirement System 2023 MCRS Pension Payment Schedule Direct Deposit of your monthly benefit occurs on the final business day of the month. 0000008158 00000 n
You will then see a list of all the candidates, and you can make your selection. 26 0 obj
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Looking for health benefits? Direct Deposit Payment Date Check Mail Date; January 2022: January 3, 2022: December 29, 2021: February 2022: February 1, 2022: . Q=9g,L4eDUItpuug*'akU9d9mey\wD:!8(}5 A!Q8_\,HV o`B>?(%Z7q,uritn |N(LX|F'B*/&@8}Z)6 7~wC[ If you miss the deadline, your spouse/partner will be enrolled on the first of the month following a 60-day waiting period. If you are not satisfied with the loan amount or the repayment schedule after your loan is disbursed, you can request a repayment figure for the loan balance, plus any accrued interest prior to the end of the regular repayment schedule. if (searchString.length > 0) Set_Cookie("userProfile",searchString,expires);
Department of the Treasury Division of Pensions & Benefits PO Box 295 Trenton, NJ 08625-0295 The New Jersey Division of Pensions & Benefits (NJDPB) welcomes the opportunity to consider your thoughts, concerns, ideas, and questions. If the first falls on a weekend or a holiday, checks will be deposited on the last business day before the weekend or holiday. Governor Sheila Oliver, State Capitol Joint Management Commission. You also can send an email to: pensions.nj@treas.nj.gov if (document.forms[from_form].required) {
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If you borrowed in 2022 or earlier, still have an outstanding balance. This program provides property tax relief to New Jersey residents who owned or rented their principal residence (main home) on October 1, 2019, and met the 2019 gross income limits. Death of Spouse/Partner/Dependent: If your spouse/partner or dependent child passes away, he or she must be removed from your health plan. /* if ((searchString.length > 0) && (checkRemember(searchString) == "yes")){
Passcode: H7eVd2, Or call in (audio only)
Governor Sheila Oliver, State Capitol Joint Management Commission, Divorce, Dissolution of a Civil Union, and Your Retirement Benefits, IRMAA Claim Form for Medicare Part B and Part D, IRMAA Claim Form for Medicare Part D Only, Introducing mynjbenefitshub for SHBP Members, Introducing mynjbenefitshub for SEHBP Members, Open Letter to the PFRS Membership from the PFRSNJ. Once agendas are received, they are linked to the meeting date associated. 3&zV`K?>q)tD#
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A member who wishes to be a candidate for the PERS State position must be an active or retired PERS-State member and must be nominated by at least 500 active PERS-State members.
