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NJSBA has created a list of frequently asked questions about the recently enacted Pension and Health Benefits Reform legislation (S-17). The new law:
- Allows school districts to unilaterally offer their employees incentives to waive coverage under the State Health Benefits Program.
- Prohibits those who have professional services contracts with government entities and school districts from participating in the state’s employees’ retirement systems.
- Prohibits newly elected and newly appointed public officials from participating in the Public Employees Retirement System.
- Places a $15,000 cap on accrued sick leave payments for certain elected and appointed officials.
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