TRENTON – A bill sponsored by Senator Loretta Weinberg which would make various changes to New Jersey State pension certification in order to cut down on pension fraud and make sure that only people who are truly eligible may receive credit in the pension system was approved by the Senate today by a vote of 37-0, receiving final legislative approval.
“When a public employee serves honorably and devotes his or her entire life to public service, they deserve decent retirement benefits at the end of their career,” said Senator Weinberg, D-Bergen. “However, as we fight to make public employee pensions sustainable and affordable for taxpayers and enrollees alike, we need to be aware of the fraud and abuse of the pension system that drive up our costs. This bill would allow for greater policing of the State’s four public employee pension systems, and would ensure better outreach and education so employees know who is, and who is not, entitled to retirement benefits under the law.”