Tag: PFRS Board of Trustees

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PFRS Reform Bill Heads to Gov. Murphy

On By knova

The New Jersey Legislature has approved legislation to reform the Police and Fire Retirement System (PFRS) by transferring management to a Board of Trustees. The PFRS bill now awaits consideration by Governor Phil Murphy.  As more fully detailed in a prior post, Senate Bill 5/Assembly Bill 3671 (S-5/A-3671) transfers management

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NJ Appeals Court Sides with Morris County in Condemnation Action
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NJ Appeals Court: Refusal to Implement Final PFRS Board of Trustees Determination Is Ultra Vires

On By Sean Dias

A New Jersey appeals court recently decided a case involving nine appeals filed by five municipalities and four police and firefighter unions. While traditionally on opposite sides of labor disputes, the plaintiffs all challenged the Acting Director of the Division of Pensions and Benefits’ decision to refuse to implement the

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