Deletions and Salary Decreases to Report. If you have difficulty registering for or using MBOS, call the MBOS Help Line at (609) 292-7524. 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. To submit feedback, you must enable Javascript in your Browser. ABP provides retirement benefits, life Insurance, and disability coverage, which can help provide security in retirement. -Read Full Disclaimer. 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. Box 295, Trenton, NJ 08625-0295. Alternate Benefit Program Administration. -Read Full Disclaimer, Retirement Planning Seminars and Webinars, For PERS, TPAF, and PFRS Members For available dates, times and locations or to register see the seminar and webinar schedule, Member Topics, Employer Training, NJWELL, Health Benefit Information, You Can Now Pay Your Health Benefits Bill Online. etxJ3JSJFx}z_,zdS'[_QS5b`JyW2+%yM h7 There will be a change in the amount deducted from your paycheck or retirement check (if self-paid) due to your coverage-level change. Horizon MyWay will continue to administer the Tax$ave Unreimbursed Medical and Dependent Care FSAs for the NJDPB. The NJDPB does not retain addresses for these employees. To withdraw, you must complete the Application for Withdrawal through MBOS. // var write_file_value = document.forms[from_form].write_file.value; See your plan Guidebook for details. Governor Sheila Oliver, State Capitol Joint Management Commission, Police and Firemen's Retirement System Member Guidebook, Police and Firemen's Retirement System Titles, Enrollment Eligibility and Age Limits (PFRS), Enrollment Requirements by Membership Tier, USERRA Military Service after Enrollment, Tax Information for Pension Distributions, Termination of Employment Through Resignation, Dismissal, or Layoff. 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. Your contributions and service credit are transferred from the former retirement system to the new one. // var recipient = document.forms[from_form].recipient.value; Governor Sheila Oliver, State Capitol Joint Management Commission, Divorce, Dissolution of a Civil Union, and Your Retirement Benefits, Introducing mynjbenefitshub for SHBP Members, Introducing mynjbenefitshub for SEHBP Members, Open Letter to the PFRS Membership from the PFRSNJ. // var code = document.forms[from_form].affiliation_code.value; 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. Flexible Spending Account Quick Reference Guide, Flexible Spending Account Essential Guide. Earn Points Questions & Answers Access My.QuestforHealth } 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. Governor Sheila Oliver, State Capitol Joint Management Commission, Additional Contributions Tax-Sheltered (ACTS) Program, Teachers Insurance and Annuity Association/TIAA. 11.30.22 ActuarialExperience Studiesfor Fiscal Year 2021 are now available. var searchString = replace(self.location.search.substring(1),"+"," "); By law, if you are on a leave of absence granted by your employer, withdrawal is not allowed. Retirees can also verify their beneficiary designations by written request to: Group life insurance benefits are reduced for most members. Governor Sheila Oliver, State Capitol Joint Management Commission. //--> An Interfund Transfer happens when you start a new job that falls under a different retirement system. The member must submit a Tier-to-Tier Transfer Form. COVID-19 is still active. Call NJPIES Call Center for medical information related to COVID. It is very important to keep your beneficiary information up to date. 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. Online video-based personal counseling appointments are available for members of the PERS, TPAF, PFRS, SPRS, and DCRP. //alert(checkRemember(searchString)); Call NJPIES Call Center for medical information related to COVID. You can shelter a part of your wages from federal income taxes while saving for retirement. Phone Number (609) 292-7524 Call Now! Please note that not all web browsers may support this feature. Tax$ave is made up of three separate plans: See our fact sheet Tax$ave , for details about eligibility and the benefits under its component plans. msgWindow.document.write(head + body); Google Translate is an online service for which the user pays nothing to obtain a purported language translation. To withdraw the balance in a lump sum, you must no longer be working in any covered position. Make an appointment online. */. document.forms[to_form].error_redirect.value = document.forms[from_form].error_redirect.value; The State of NJ site may contain optional links, information, services and/or content from other websites operated by third parties that are provided as a convenience, such as Google Translate. Google Translate is an online service for which the user pays nothing to obtain a purported language translation. A child who has reached age 26 and a COBRA recipient may continue coverage under COBRA for a period of 36 months. Questions related to this announcement can be directed to Empower's Long-Term Care Customer Service Center at 1-800-732-0416 Monday through Friday, 8:00 a.m. to 8:00 p.m., EST. Need to change your name or address? OFFICIAL SITE OF NJ Division of Unemployment Insurance NJ Leave Benefits Division of Pensions & Benefits Department of Labor & Workforce Development News EN ESPANOL Right to Know SOMOS AFSCME Local 888, Rutgers University Division of Pensions & Benefits PERS/MBOS www.nj.gov/treasury/pensions/mbos-register.shtml Local 888, Rutgers University Home The Long-term Care Insurance Plan is administered for the State of New Jersey by the Empower Insurance Company of America. You may be eligible to convert your coverage to an individual policy. else { The New Jersey State Employees Commuter Tax Savings Program, Commuter Tax$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. 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. 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. var cookieEnabled = checkCookieEnabled(); Contact the SACT at the NJDPB in writing or by calling 609-292-7524. function messageWindow(title, msg) } ~@H0G @H('0012c`Mg I } For information on these pension systems, . New Jersey Division of Pensions and Benefits PO Box 295, Trenton, NJ 08625-0295 Telephone: (609) 292-7524 Email: pensions.nj@treas.nj.gov . if (document.forms[from_form]) { You must enroll in a Flexible Spending Account (FSA) each year in order to participate. Updated 6/1/2017 . document.write('

Welcome back, according to our records '); document.forms[to_form].write_file.value = document.forms[from_form].write_file.value; 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. Make transfers Review account information Initiate select transactions The MBOS website gives registered users access to their pension and/or retiree benefit account information and permits the process of online applications. And, with one tap, you can access the full website if you need to make a transaction. Retirees and COBRA recipients must submit an application directly to the NJDPB. However, when the actual purchase is calculated by the NJDPB, your highest pensionable salary will be used. See our Fact Sheet, Deferred Compensation NJSEDCP , for full details about this plan. endstream endobj 14 0 obj <>stream 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. There will be a change in the amount deducted from your paycheck or retirement check (if self-paid) due to your coverage-level change. endstream endobj startxref The Division of Pensions & Benefits seminars and webinars help members of the PERS, TPAF, PFRS, or DCRP understand their benefits on a variety of topics in addition to planning for retirement. If writing to change your address, use the Change of Address Form or send your change of address information in a letter to Pension Payroll, Division of Pensions & Benefits, P.O. Division of Pensions & Benefits P.O. Website: To access your account online, please go to mlr.metlife.com. Mandatory Back Deductions. You must not have withdrawn from the retirement system; You must meet all the eligibility requirements for the new retirement system with the new job. Women who registered with Social Security before 1 January 1975 can claim a pension when they reach the age of 60. 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 Author: Angelini, Jamie b*%>I`Li&>dNcrj yJC%K|A Q+a7O]Oj#-Agh^XddAbV+dxd)u\]=bVhk9 15FVrTt%Nm#N:aZG#uF96&R#Pys&j ?G}.-\0|H(.z5PiDO@SCTnb9rE|@|;)? Paper applications can be printed and mailed or faxed to the address/number provided on the form. if (searchString.length > 0) Set_Cookie("userProfile",searchString,expires); Members applying for a purchase fewer than 30 days before their retirement date or Board of Trustees approval date. Rewards Am I Eligible for a Reward? It is your responsibility to apply for continued coverage under, A child who has reached age 26 and is disabled due to a mental or physical disability and dependent upon you for support can remain covered as a dependent if the. See the retirement system Member Guidebooks for detailed information. Please keep a copy of all correspondence fro your records. Please select the applicable accordion to see information for PFRS. Number of employees at Division Of Pensions And Benefits in year 2016 was 327. The following providers have been approved by the NJDPB to offer annuity investment accounts for ACTS members. Highest salary at Division Of Pensions And Benefits in year 2016 was $126,471. Participation in the Long-term Care Insurance Plan is available to individuals and eligible family members enrolled prior to August 1, 2012. New Jersey Employers Division Of Pensions And Benefits Division Of Pensions And Benefits Salaries Highest salary at Division Of Pensions And Benefits in year 2016 was $82,971. 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. Average annual salary was $57,589 and median salary was $58,645. 10 0 obj <> endobj document.forms[to_form].required.value = document.forms[from_form].required.value; An online Purchase Estimate Calculator is available through MBOS. 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. Please select the applicable accordion to see information pertaining to other related programs. */ 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. Box 295 Trenton, NJ 08625-0295 Call Center 609-292-7524 7:00 a.m. - 4:30 p.m. Monday through Friday (except State holidays). Pension Boards and Health Benefits Commission Information, Employer Pensions and Health Benefits Training. The Division of Pensions & Benefits has all financial reports available on our Financial Reports page. You must enroll your child within 60 days of the date of the qualifying event. To decline enrollment in this tax-saving plan, use the form for State Employees or for State College Employees . You may contact Horizon MyWay customer service toll-free 1-888-215-0025. 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