'); Retirees and COBRA recipients must submit an application directly to the NJDPB. A child who has reached age 26 and a COBRA recipient may continue coverage under COBRA for a period of 36 months. 12.20.22 The pension loan interest rate for calendar year 2023 has been determined to be 10 percent per year on the declining balance of the loan. 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. // var required_value = document.forms[from_form].required.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. Active members and retirees can complete an Affidavit of Name Change form and submit it to the NJDPB along with required documentation. See the Life Events below to learn more. Electronic Funds Transfer (EFT) also known as Direct Deposit is the automatic deposit of your monthly retirement check to your bank account. Once you apply for withdrawal, your former employer will be contacted to complete the Employer's Certification for Withdrawal. Find out more. Information not available. } function setup_Params(from_form, to_form) { Division of Pensions & Benefits NJDPB Pensions Health Benefits Services Publications Access MBOS Our Programs Miscellaneous Pay My Health Benefits Bill Contact Us Home Member Guidebooks Member Guidebooks Pension System Member Guidebooks Public Employees' Retirement System Member Guidebook PERS Guidebook Addenda for: Law Enforcement Officers (LEOs) Most members are covered by Group Life Insurance benefits. STATE OF NJ PENSIONS AND BENEFITS DIVISION in Trenton is a company that specializes in General Government, Nec. NJ Treasury Division of Pensions & Benefits NJDPB Pensions Health Benefits Services Publications Access MBOS Our Programs Miscellaneous Pay My Health Benefits Bill Contact Us Home Retirement Online Guide to Retirement Retirement is a big step in life. To be eligible, you must be an employee of a county or State college or university, the Commission on Higher Education, the Department of Education, or the Office of Student Assistance. The ABP is a tax-sheltered, defined contribution retirement program for certain higher education faculty, instructors, and administrators. Average annual salary was $57,589 and median salary was $58,645. Call (877) 427-8065 now to see if you qualify! An application will be submitted to enroll you in a new PFRS account under the membership tier in effect at the time you return to PFRS employment. hwTTwz0z.0. // alert(document.forms["contact"].allow_anonymous.value); // alert(document.forms["contact"].required.value); The ACTS Program is a voluntary investment program that provides retirement income separate from, and in addition to, your basic pension plan. Call NJPIES Call Center for medical information related to COVID: The Unreimbursed Medical Flexible Spending Account (Medical FSA); and. if (document.forms[from_form].error_redirect) { Make an appointment online. // var write_file_value = document.forms[from_form].write_file.value; Horizon MyWay FSA Enrollment Form or enroll online. Call NJPIES Call Center for medical information related to COVID. var width="400", height="150"; document.write('
Welcome, according to our records '); Deletions and Salary Decreases to Report. %PDF-1.5 % Voice Response System: 800-543-2520 If you have difficulty registering for or using MBOS, call the MBOS Help Line at (609) 292-7524. We provide inclusive and holistic experiences to meet members' needs through activities and educational programming to support healthy lifestyles. if (searchString.length > 0) Set_Cookie("userProfile",searchString,expires); Site Maintained by Division of Revenue and Enterprise Services, Governor Phil Murphy Lt. If you would like to speak to a Pension Services Representative, you may call between the hours of 8:00 a.m. and 5:00 p.m. (EST), Monday through Friday. -Read Full Disclaimer, Department of the Treasury Governor Sheila Oliver, State Capitol Joint Management Commission, Health Benefits Information - Active Employees. else { Call NJPIES Call Center for medical information related to COVID. The program consists of two separate plans: the SACT-Regular Plan and the SACT-Tax-Sheltered Plan. The New Jersey State Employees Commuter Tax Savings Program, Commuter Tax$ave, lets you set aside before-tax dollars to pay for mass transit and commuter parking expenses, so you can avoid federal taxes and save money. Get online access to your account when youre on the go. 7:00 a.m. 4:30 p.m. Monday through Friday (except State holidays). To enroll, you must work for the State of New Jersey or an eligible agency, authority, or commission of State government. etxJ3JSJFx}z_,zdS'[_QS5b`JyW2+%yM h7 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. The insured receives a contract, called the insurance policy, which details the conditions and circumstances under which the insurer will compensate the insured, or their designated beneficiary or assignee. Local government and local education employers are required to offer Section 125 plans to their employees; however, local employers must have their own Section 125 programs. Report a death? The interest rate is determined using the Prime Rate (7.5 percent) plus 2.5 percent. The NJDPB presents employer training for Certifying Officers and other personnel responsible for the administration of pensions and benefits at employing locations. 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. This form is for retired members only. */. Women who registered with Social Security before 1 January 1975 can claim a pension when they reach the age of 60. Members must submit a loan request through MBOS. You must enroll your child within 60 days of the date of the qualifying event. -Read Full Disclaimer, 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. Website: To access your account online, please go to mlr.metlife.com. If you divorce or dissolve your civil union or domestic partnership, you must remove your former spouse or partner from your health plan when the event occurs. Active Employees must notify their Human Resources department. 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. 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. New Jersey Division of Pensions and Benefits PO Box 295, Trenton, NJ 08625-0295 Telephone: (609) 292-7524 Email: pensions.nj@treas.nj.gov . The following providers have been approved by the NJDPB to offer annuity investment accounts for ACTS members. For information on these pension systems, . The official facebook page of the New Jersey Division of Pensions &. If you require the services of a relay operator, please dial 711 and provide the operator with the following phone number: 609-292-6683. State Active Employees Only: Disenroll your spouse/partner from your, 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. if (!cookieEnabled) { The MBOS website gives registered users access to their pension and/or retiree benefit account information and permits the process of online applications. If you have a Workers' Compensation claim or litigation pending or if you have been dismissed and you have an appeal pending, your application cannot be processed until we receive required information from your employer. Google Translate is an online service for which the user pays nothing to obtain a purported language translation. Personal Contribution Form (SACT Regular Only), Claim for Payment of Supplemental Annuity, Application for Settlement with Beneficiary, Important Changes to Your FSA Plan in Response to the Coronavirus, Commuter Benefit Information: COVID-19 Updates and Policies. Instructions. function messageWindow(title, msg) (document.getElementById || oBrowser.isIe || oBrowser.isGecko)) { */ New Jersey Division of Pensions and Benefits (NJDPB), Get an overview of your account and statements, View educational content and retirement planning tools, Check out your funding options and investment performance, Rebalance, make transfers or change the allocation of future contributions, Name or update your beneficiary information, Opt in to receive paperless, electronic statement delivery. This coverage is guaranteed renewable; as long as the premiums are paid on time and benefits are not exhausted, coverage will remain in place, although premiums may change subject to regulatory review. Please refer to this document for detailed information. msgWindow.document.write(head + body); document.forms[to_form].required.value = document.forms[from_form].required.value; 10.11.22 The Police and Firemen's Retirement System of New Jersey (PFRSNJ) has issued a Request for Qualifications for the services of an Executive Search Firm to assist in the recruitment of a Chief Investment Officer. Contact Us 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. $O./ 'z8WG x 0YA@$/7z HeOOT _lN:K"N3"$F/JPrb[}Qd[Sl1x{#bG\NoX3I[ql2 $8xtr p/8pCfq.Knjm{r28?. To take full advantage of our site and tools, we recommend Netscape 6+, Internet Explorer 5+ or Mozilla 1.2+. View Direct Deposit Electronic Funds Transfer (EFT) in our Video Library . hXr6}W aN9Q]I;S (XQg$ { <0!?3-0"{`6ljm5,*xptl j`z|Npx3 GIX,}h v`r8'fTR|5Han0-$/^Cf0GlASy?L`c[6M7$F0h~B/M(zEg1n yN3FLt}r?ijzReB-,h^x:X+t)m0sJ^RxY{c EK(5*rtK9D:IELZ}n=2VfeeQlZJHORnA`Bo`'r`%,vt@&FrDRyf5|2{R yJ0Q)J,!\\v03;x,}3N%|S*:aihe+T!T]A!4qJ|q.4D(VgV=;Mg`\l You also must submit, Retirees can easily review life insurance/pension. Click the address on your MBOS Home Page to open the Change of Address application. Governor Sheila Oliver, State Capitol Joint Management Commission, Additional Contributions Tax-Sheltered (ACTS) Program, Teachers Insurance and Annuity Association/TIAA. Governor Sheila Oliver, State Capitol Joint Management Commission, Enrich's Assessing Your Insurance Needs course, State/Local Employees and Retiree Dental Plans, Birth/Adoption/Award of Legal Guardianship, Qualified Domestic Relations Order (QDRO), Leave of Absence/Disability/Workers' Compensation, Marriage/Civil Union/Domestic Partnership, Boards of Trustees and Commission Meeting Dates for 2023, Seminar and Webinar Schedule to Register Online. -Read Full Disclaimer. Call NJPIES Call Center for medical information related to COVID. Call NJPIES Call Center for medical information related to COVID: Aetna Medicare Advantage PPO or HMO for SHBP Members (State and Local Government): Aetna Medicare Advantage PPO or HMO for SEHBP Members (Education). NJ Division of Pensions and Benefits. There is no cost to the member for coverage. Members can also mail a Change of Address Form to: New Jersey Division of Pensions & Benefits, Attention: Health Benefits P.O. By law, if you are on a leave of absence granted by your employer, withdrawal is not allowed. New Jersey Pensions New Jersey State Health Benefits Program Box 295 Trenton, NJ 08625-0295 Call Center 609-292-7524. Set_Cookie("userProfile",searchString,expires); Your contributions and service credit are transferred from the former retirement system to the new one. /* if ((searchString.length > 0) && (checkRemember(searchString) == "yes")){ 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 for Retirees Pension Information for Retirees All retirees who have worked for local, state, or federal government are entitled to certain health benefits. Contact the SACT at the NJDPB in writing or by calling 609-292-7524. NJ Treasury 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 Police and Firemen's Retirement System Police and Firemen's Retirement System See our fact sheet, Additional Contributions Tax-Sheltered (ACTS) Program , for details on ACTS eligibility, contribution limits, and plan restrictions. To be eligible for an Interfund Transfer: Additional rules and restrictions apply to Interfund Transfers. Estimated Number Of Employees . To take full advantage of our site and personalized content, we recommend you enable Cookies.
'); To help monitor and manage your account, you can obtain information and make transactions virtually 24 hours a day, 7 days a week. The letters are provided for archival purposes only; therefore, some information may be out of date and/or superseded by later changes.