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A bill that would allow state government to shift money between health benefit funds sailed from introduction to the governor’s desk in just a week as New Jersey again faces a potential increase ...
It marks the smallest increase in benefit payments since 2021. A person getting $1,920 a month this year will see $48 more in 2025. NJ's 1.7 million Social Security recipients will see a 2.5% ...
In 2010, Sweeney helped design and pass thirty bills, known collectively as "Back to Work NJ," that aimed to help create jobs and economic growth in New Jersey. [32] In 2011, Sweeney proposed sweeping reforms to the public employee pension and health benefits systems that he estimates would save taxpayers over $120 billion over a 30-year period ...
Consider the major impact of a minor employer retirement benefit. Take an entry-level employee who earns $40,000 a year, receives a 3% annual raise, and contributes 5% of her salary to her ...
The division also oversees New Jersey's Individual Health Coverage (IHC) Program and Small Employer Health (SEH) Program for companies employing 2-50 employees. Through the IHC, people without access to employer or government sponsored health care programs can purchase health coverage for themselves and their families from a variety of private ...
In many states, public employee pension plans are known as Public Employee Retirement Systems (PERS). Pension benefits may or may not be changed after an employee is hired, depending on the state and plan, as well as hiring date, years of service, and grandfathering. Retirement age in the public sector is usually lower than in the private sector.
The adjusted tax levy would be no more than the difference between a school district’s state aid for the 2024-2025 school year as compared to the 2020-2021 school year.
In 2006, New Jersey’s Department of Health and Senior Services began licensing private medevac helicopter companies to supplement State Police helicopters. [10] In December 2007, the Public Health Council of New Jersey approved the first state policy in the United States mandating flu vaccines for all New Jersey children, in order for those children to be allowed to attend preschools and day ...