reglab/statecodes huggingface dataset:
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 8 - PENSION ADJUSTMENT PROGRAM › Section 17:1-8.3 - Return to public employment; pension adjustments

Current through Register Vol. 56, No. 14, July 15, 2024
(a) When a
				retiree returns to public employment to a position covered by the same
				retirement system from which he or she retired and subsequently retires from
				the post-retirement employment, each retirement will be treated separately for
				pension adjustment purposes.
(b)
				The benefit year for each retirement will be the initial year in which the
				retirement is effective and the member shall satisfy the 24-month waiting
				period for each retirement before the pension adjustment benefits may be
				received for that retirement, if any such pension adjustment benefits are in
				effect.
(c) If a member was
				receiving pension adjustment benefits at the time that the initial retirement
				was cancelled due to the post-retirement employment, he or she shall begin to
				receive pension adjustment benefits based upon the initial retirement
				immediately upon the reinstatement of the initial retirement.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 8 - PENSION ADJUSTMENT PROGRAM › Section 17:1-8.4 - Employer payments

Current through Register Vol. 56, No. 14, July 15, 2024
The employers shall review the detailed tabulations of
				  retirees and beneficiaries provided with the invoice for employer liability
				  submitted by the Division and shall report any corrections or revisions within
				  60 days of receipt of the invoice; otherwise invoices must be paid as
				  submitted.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 8 - PENSION ADJUSTMENT PROGRAM › Section 17:1-8.5 - Calculation of cost-of-living adjustment (COLA)

Current through Register Vol. 56, No. 14, July 15, 2024
(a)
				Cost-of-Living Adjustments were temporarily suspended for retirees and benefit
				recipients of all retirement systems as of June 28, 2011, but with no
				reductions to any COLA increases that were added to retiree benefits prior to
				June 28, 2011.
(b) Pension
				committees were formed for the State Police Retirement System, the Police and
				Firemen's Retirement System, the Teachers' Pension and Annuity Fund, and the
				Public Employees' Retirement System, to monitor the "funded ratio" for each
				plan, where "funded ratio" means the ratio of the value of a plan's assets to
				the value of a plan's accrued liabilities (times 100 to express as a
				percentage). The State House Commission was granted the authority to monitor
				the funded ratio for the Judicial Retirement System. Monitoring of the funded
				ratio is to continue until a "target funded ratio" of 75 percent is reached,
				with an annual increase in the funded ratio over seven fiscal years, to a value
				of 80 percent.
(c) When the "target
				funded ratio" for a plan is reached, the pension committee for that fund/system
				will have the authority to reactivate the cost of living adjustment on
				pensions, modify the basis for the calculation of the cost of living
				adjustment, and/or set the duration and extent of the activation, as long as
				the resulting impact does not cause the funded ratio to drop below the target
				funded ratio in any one year of a 30-year projection period.
(d) Until June 28, 2011, when COLA increases
				were suspended, the calculation for the increased benefit under
				P.L.
				2002, c. 109 for all
				employees who retired prior to January 1, 2001, was done by the Division using
				the calendar year 2001 average Consumer Price Index (CPI) for Urban Wage
				Earners and Clerical Workers (CPI-W), U.S. City Average, All Items.
(e) The calculation for the increased benefit
				under P.L.
				2002, c. 109 for all
				employees who retired on or after January 1, 2001, but before June 28, 2011,
				was done using the average CPI for the calendar year in which the employee
				retired.
(f) Prior to June 28,
				2011, the calendar year used to calculate the above increases for beneficiaries
				was based upon the year in which the employee retired. If the employee retired
				prior to January 1, 2001, the provisions of (a) above would apply. If the
				employee retired between January 1, 2001 and June 28, 2011, the provisions of
				(b) above would apply.
(g) Prior to
				June 28, 2011, the Division provided employers participating under the
				provisions of
				P.L.
				2002, c. 109 with a
				rate chart to be used to calculate the above increases, on or before November
				15th of each year.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 9 - UNEMPLOYMENT INSURANCE › Section 17:1-9.1 - Due dates for contributions and reports

Current through Register Vol. 56, No. 14, July 15, 2024
(a) State employing
				subgroups participating in the Unemployment Insurance Program whose employees
				are not paid by the State Centralized Payroll Unit shall file the required data
				and reports of unemployment insurance contributions with the Division by the
				15th day following the end of each calendar quarter, together with the
				remittance for the deductions taken from their eligible employees' salaries or
				wages. State Centralized Payroll will remit weekly an Unemployment Tax Register
				report, which summarizes the Unemployment Compensation information for covered
				employees in each of the biweekly payroll units. The register is due within
				five days of the date the payroll is prepared.
(b) The Division shall prepare a consolidated
				quarterly report of Unemployment Insurance contributions on behalf of the State
				Centralized Payroll Unit and other State employing subgroups. The consolidated
				report shall be filed with the Department of Labor by the last day of the month
				following the end of each calendar quarter. In addition, the Division shall
				remit to the Department of Labor on a quarterly basis the amount of
				reimbursable unemployment claim charges as specified on NJ Form
				B-187Q.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 9 - UNEMPLOYMENT INSURANCE › Section 17:1-9.2 - Employer responsibility; benefit claims

Current through Register Vol. 56, No. 14, July 15, 2024
State payroll units and subgroups shall respond with respect
				  to benefit claims from the Division of Unemployment and Disability Insurance as
				  well as the contractor designated by the State to handle unemployment claims
				  and related activities.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 9 - UNEMPLOYMENT INSURANCE › Section 17:1-9.3 - Employer verification of claim payments

Current through Register Vol. 56, No. 14, July 15, 2024
The designated contractor auditing the program will send the
				  chief personnel or administrative officers a monthly report identifying
				  employees who have filed claims and are in receipt of benefits. The reports
				  must be reviewed by the employing unit to determine if they are correct and any
				  discrepancies must be brought to the attention of the contractor.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 9 - UNEMPLOYMENT INSURANCE › Section 17:1-9.4 - Employee eligibility for coverage

Current through Register Vol. 56, No. 14, July 15, 2024
Determinations will be made by the Division of Unemployment
				  and Disability Insurance relative to an employee's eligibility for coverage in
				  the Unemployment Insurance Program.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 9 - UNEMPLOYMENT INSURANCE › Section 17:1-9.5 - Termination of employment; separation notice

Current through Register Vol. 56, No. 14, July 15, 2024
All employing units must immediately, upon the termination
				  of an employee's services, provide pertinent information regarding the
				  employee's separation to the designated contractor.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 9 - UNEMPLOYMENT INSURANCE › Section 17:1-9.6 - Designated contractor

Current through Register Vol. 56, No. 14, July 15, 2024
A contractor will be designated to develop and maintain a
				  cost control program in accordance with the terms of the contract awarded by
				  the State. The Division will coordinate the contractor's activities with
				  respect to State employing units and review quarterly reports of claims
				  activity prepared by the contractor.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 10 - SOCIAL SECURITY › Section 17:1-10.1 - Social Security referendum

Current through Register Vol. 56, No. 14, July 15, 2024
(a) As the
				provisions of P.L. 1956, c.169 contemplate the termination of an entire pension
				fund and the transfer of its assets, liabilities and membership to the Public
				Employees' Retirement System upon a successful referendum on the issue of
				Social Security coverage by a majority vote, when the referendum involves the
				use of a divided system approach in accordance with the provisions of P.L.
				1980, c.86, all of the provisions of P.L. 1956, c.169, shall apply except on a
				pro rata basis.
(b) Unless the
				pension fund is terminated in its entirety, the pensions and other benefits
				granted shall be continued by the pension fund. As the pension fund is not
				terminated in whole, the actuary shall calculate the liability of each employer
				only for persons becoming members of the Public Employees' Retirement System,
				taking into account the pro rata value of assets and liabilities which are
				transferred to the Public Employees' Retirement System.
(c) As the use of a divided system approach
				may not result in the termination of the pension fund, the members of the
				pension fund who are already covered by Social Security and who are not
				eligible to vote in the referendum shall also be permitted to enroll in the
				Public Employees' Retirement System on the same optional basis and to the same
				extent and with the same limitations as those who voted in favor of Social
				Security coverage.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 10 - SOCIAL SECURITY › Section 17:1-10.2 - Federal-State agreement; modifications

Current through Register Vol. 56, No. 14, July 15, 2024
All modifications of the Federal-State agreement are
				  prepared by the Division and subject to review by the Attorney General's
				  office.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 10 - SOCIAL SECURITY › Section 17:1-10.4 - Social Security coverage; excluded services

Current through Register Vol. 56, No. 14, July 15, 2024
If an employer had previously excluded services which the
				  employer subsequently wishes to cover, the employer shall be required to cover
				  all previously excluded services in order to avoid the issue of discrimination
				  against any particular group of eligible employees.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 11 - VOLUNTEER EMERGENCY-WORKERS SURVIVORS PENSION › Section 17:1-11.1 - Definitions

Current through Register Vol. 56, No. 14, July 15, 2024
The following words and terms, when used in this subchapter,
				  shall have the following meanings unless the context clearly indicates
				  otherwise:
"Child" means a deceased volunteer firefighter's, emergency
				  medical technician's, or first aid or rescue squad worker's unmarried child or
				  children who are:
1. Under the age of 18;
2. Eighteen years of age or older and enrolled in a secondary
				  school;
3. Under the age of 24 and enrolled in a degree program in an
				  institution of higher education for at least 12 credit hours in each semester;
				  or
4. Of any age who, at the time of the volunteer emergency
				  worker's death, is disabled because of a mental or physical incapacity, is
				  unable to do any substantial, gainful work because of the disability, and the
				  disability has lasted or can be expected to last for a continuous period of not
				  less than 12 months, as certified by a licensed medical doctor.
"Dependent parent(s)" means the parent of the volunteer
				  emergency worker who is receiving at least one-half of his or her support from
				  the volunteer emergency worker in the 12-month period immediately preceding the
				  volunteer emergency worker's death in the course of volunteer service. The
				  dependency of such a parent will be considered terminated by marriage of the
				  parent subsequent to the death of the volunteer emergency worker.
"Division" means the Division of Pensions and Benefits, the
				  agency charged by the Treasurer with responsibility for administering the
				  Volunteer Emergency Workers Survivors Pension.
"First aid" or "rescue squad" means any duly incorporated
				  first aid and emergency or volunteer ambulance and rescue squad association
				  providing volunteer public first aid, ambulance or rescue services within the
				  municipality.
"Survivor's pension" means the benefit payable pursuant to
				  43:12-28.1.
"Volunteer emergency worker" means a volunteer firefighter,
				  emergency medical technician, or first aid or rescue squad worker who has died
				  as the result of injuries sustained in the course of performance of duty, not
				  as a result of willful negligence, after January 1, 2000.
"Widow" means the woman to whom the volunteer emergency
				  worker was married on the date of the volunteer emergency worker's death and
				  who has not remarried.
"Widower" means the man to whom the volunteer emergency
				  worker was married on the date of the volunteer emergency worker's death and
				  who has not remarried.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 11 - VOLUNTEER EMERGENCY-WORKERS SURVIVORS PENSION › Section 17:1-11.2 - Survivor's pension payable pursuant to N.J.S.A. 43:12-28.1

Current through Register Vol. 56, No. 14, July 15, 2024
(a) The
				survivor's pension pursuant to
43:12-28.1
shall equal $
				15,000 annually and shall be paid to the eligible widow or widower monthly
				until his or her death or remarriage, or, should there be no surviving widow or
				widower, to the eligible child or children of the volunteer emergency worker
				split equally among the children.
(b) If the volunteer emergency worker's
				surviving widow or widower remarries or dies leaving an eligible child or
				children, a survivor's pension equal to a total of $ 10,000 annually shall be
				paid to the child or children, split equally among the children.
(c) If the volunteer emergency worker leaves
				no surviving widow, widower, or child, a survivor's pension equal to a total of
				$ 5,000 annually shall be paid to the dependent parent(s).
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 11 - VOLUNTEER EMERGENCY-WORKERS SURVIVORS PENSION › Section 17:1-11.3 - Eligibility for a survivor's pension

Current through Register Vol. 56, No. 14, July 15, 2024
(a) The governing
				body of any municipality served by the volunteer emergency worker shall, by
				resolution, determine the eligibility for a survivor's pension of the widow,
				widower, children, or parent of the volunteer emergency worker who has died as
				the result of injuries sustained in the course of performance of duty, not as a
				result of willful negligence, as a member of the volunteer fire company or
				first aid or rescue squad on or after January 1, 2000.
(b) If the volunteer emergency worker is
				sponsored by a county, the governing body of the municipality being served by
				the volunteer emergency worker at the time of the incident resulting in the
				volunteer emergency worker's death shall, by resolution, determine the
				eligibility for a survivor's pension of the widow, widower, children, or parent
				of any volunteer emergency worker who has died as the result of injuries
				sustained in the course of performance of duty, not as a result of willful
				negligence, within the borders of the municipality after January 1,
				2000.
(c) The governing body of any
				municipality served by a volunteer fire company or first aid or rescue squad
				duly incorporated within the municipality shall, by resolution, determine the
				eligibility for a survivor's pension of the widow, widower, children or parent
				of any volunteer emergency worker who has died as the result of injuries
				sustained in the course of performance of duty, not as a result of willful
				negligence, outside of the borders of the municipality after January 1,
				2000.
(d) The municipal governing
				body may determine that the widow, widower, children or parent of a volunteer
				emergency worker is eligible for a survivor's pension whenever a volunteer dies
				while responding to, preparing for, during or returning from an emergency to
				which he or she was properly dispatched.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 11 - VOLUNTEER EMERGENCY-WORKERS SURVIVORS PENSION › Section 17:1-11.4 - Application for a survivor's pension

Current through Register Vol. 56, No. 14, July 15, 2024
(a) After the
				municipal governing body determines, by resolution, the eligibility of a widow,
				widower, children or parent for a survivor's pension, a certified copy of the
				resolution shall be filed by the municipal clerk with the Division within 10
				days of adoption.
(b) The
				resolution must be accompanied by a certified death certificate of the
				volunteer emergency worker, a copy of the accident or police report, and an
				application for the survivor's pension. The application must be completed in
				all respects and filed with the Division on or before the date benefits are to
				begin. The application must include a copy of the marriage certificate in the
				case of a widow or widower, a copy of the birth certificate(s) in the case of a
				child or children, or a copy of the volunteer emergency worker's tax return
				indicating the dependency of the parent(s). The child's birth certificate must
				name the volunteer emergency worker as the child's parent, unless the child was
				legally adopted, in which case, a copy of legal documentation evidencing the
				adoption is required.
(c) The
				Division shall provide for payment of the survivor's pension, starting in
				January of the calendar year following the year of death of the volunteer
				emergency worker or the year next following the year in which
				P.L.
				2003, c. 134
				(43:12-28.1 ) was enacted,
				whichever is later.
(d) If the
				municipal governing body determines, by resolution, the eligibility of a widow,
				widower, children, or parent for a survivor's pension, after the January of the
				calendar year in which the benefit should have started, the Volunteer Emergency
				Worker Survivors Pension shall be paid on a prospective basis only. Eligibility
				for benefits shall begin with the first month following the receipt of the
				resolution.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 11 - VOLUNTEER EMERGENCY-WORKERS SURVIVORS PENSION › Section 17:1-11.5 - Ineligibility to receive two survivor's benefits

Current through Register Vol. 56, No. 14, July 15, 2024
A survivor who is eligible for accidental death benefits
				  under a State-administered retirement system cannot receive a Volunteer
				  Emergency Workers Survivors Pension for the same event.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 11 - VOLUNTEER EMERGENCY-WORKERS SURVIVORS PENSION › Section 17:1-11.6 - Survivor pension benefits

Current through Register Vol. 56, No. 14, July 15, 2024
(a) Payment of
				benefits to eligible survivors shall become effective February 1st, which is
				payment for January, of the calendar year following the year of the date of
				death of the volunteer emergency worker. Payment in the amount of 1/12 of the
				annual benefit shall be made on a monthly basis. Payment shall terminate on the
				first of the month subsequent to the date in which the survivor no longer
				qualifies for the benefit.
(b)
				Eligibility for the payment of benefits to eligible children or parents after
				the remarriage or death of the widow or widower shall begin on the first of the
				month subsequent to the date of the widow or widower's death or remarriage. A
				new application must be filed with the Division before benefits may begin.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 12 - CENTRAL PENSION FUND › Section 17:1-12.1 - Application required

Current through Register Vol. 56, No. 14, July 15, 2024
For retirement of State employees under the Veterans
				  Retirement Act,
				  43:4-1 et seq., or the Heath Act,
				  43:5-1 et seq., an application on
				  a form provided by the Division must be prepared by the employee, certified by
				  the employing agency and filed with the Division.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 12 - CENTRAL PENSION FUND › Section 17:1-12.2 - Disability certification form

Current through Register Vol. 56, No. 14, July 15, 2024
Where disability is the cause for the pension, a
				  certification of the disability by a physician on a form provided by the
				  Division must be filed with the Division.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 12 - CENTRAL PENSION FUND › Section 17:1-12.3 - Withholding forms

Current through Register Vol. 56, No. 14, July 15, 2024
A W-4P, "Withholding Certificate for Pension or Annuity
				  Payments," must be filed with the Division.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 12 - CENTRAL PENSION FUND › Section 17:1-12.4 - Surrogate's certification

Current through Register Vol. 56, No. 14, July 15, 2024
(a) When a
				pensioner dies and a residual benefit is payable, the claimant shall file an
				appropriate certification from the Surrogate's Office with the
				Division.
(b) No such certification
				will be necessary in the case of the Heath Act where there is a named
				beneficiary surviving the pensioner.
(c) A death certificate and a form for
				payment will also be required.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 12 - CENTRAL PENSION FUND › Section 17:1-12.5 - Last check benefit

Current through Register Vol. 56, No. 14, July 15, 2024
After July 19, 2004, and pursuant to N.J.S.A. 43:3B-2A, a
				  cost-of-living adjustment shall be payable to the estate of a pensioner who is
				  receiving a benefit under the provisions of
				  43:4-1 et seq., 43:5-1 et seq., or
				  43:5A-1 et seq., for the entire month in which the pensioner dies.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 13 - NEW JERSEY STATE EMPLOYEES TAX SAVINGS PROGRAM (TAXSAVE) › Section 17:1-13.1 - Establishment of plan

Current through Register Vol. 56, No. 14, July 15, 2024
State employees eligible to participate in the State Health
				  Benefits Program, except those part-time employees participating due to the
				  provisions of
				  P.L.
				  2003, c. 172
				  (52:14-17.3 3a), are eligible to
				  participate in the New Jersey State Employees Tax Savings Program (TaxSave) set
				  forth in this subchapter. In each calendar year, each employee may participate
				  in one or more of the plan options described in this subchapter.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 13 - NEW JERSEY STATE EMPLOYEES TAX SAVINGS PROGRAM (TAXSAVE) › Section 17:1-13.2 - Unreimbursed medical spending account

Current through Register Vol. 56, No. 14, July 15, 2024
(a) Each employee
				may elect to reduce his or her salary, through regular payroll deductions, by a
				specified dollar amount to create an unreimbursed medical spending account
				(UMSA) to provide for the direct payment or reimbursement by the State, or its
				plan administrator, of any or all medical and dental expenses not reimbursed,
				or only partially reimbursed, under the employee's health benefit plan or any
				other benefit plan, and considered by the Internal Revenue Service (IRS) to be
				a tax deductible medical expense. Also eligible for reimbursement are certain
				expenses for medical care, that is, costs for diagnosis, cure, mitigation,
				treatment, or prevention of disease, or for the purpose of affecting any
				structure or function of the body, that the IRS determines may be reimbursed by
				an UMSA even though these expenses are not deductible for the purpose of
				itemizing medical expenses for Federal taxes.
1. Examples of eligible tax deductible
				medical expenses are orthodontia, surgery (excluding cosmetic surgery), and the
				deductible portion of medical and dental expenses under the employee's health
				benefits plan, as well as coinsurance amounts.
2. Eligible expenses include those incurred
				by the employee's eligible dependents.
3. Premium contributions required for any
				medical or dental coverage are paid through premium conversion and not from the
				unreimbursed medical spending account. Such premium contributions for the State
				Health Benefits Program coverage do not qualify as eligible medical expenses
				under the UMSA. Likewise, premium contributions paid by the employee's eligible
				dependents for health care insurance coverage outside the State Health Benefits
				Program do not qualify as eligible UMSA medical expenses.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 13 - NEW JERSEY STATE EMPLOYEES TAX SAVINGS PROGRAM (TAXSAVE) › Section 17:1-13.3 - Premium option plan

Current through Register Vol. 56, No. 14, July 15, 2024
If an employee selects medical or dental coverage requiring
				  the payment of a premium contribution, the employee's salary will be reduced by
				  the amount of the required premium contribution as part of the plan, and the
				  employee will not have to request this benefit. If, however, an employee does
				  not wish to participate in the premium option plan, the employee must file a
				  declination of premium option plan form with the employee's benefits
				  administrator. An employee's participation in the premium option plan
				  terminates on the employee's last day of employment.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 13 - NEW JERSEY STATE EMPLOYEES TAX SAVINGS PROGRAM (TAXSAVE) › Section 17:1-13.4 - Dependent care spending account

Current through Register Vol. 56, No. 14, July 15, 2024
Each employee may elect to reduce his or her salary, through
				  regular payroll deductions, by a specified dollar amount to create a dependent
				  care spending account to provide for the direct payment or reimbursement by the
				  State, or its plan administrator, of any or all dependent care expenses as
				  provided in § 129 of the Internal Revenue Code,
				  26 U.S.C. §
										129. Examples of eligible expenses are
				  expenses incurred by the employee for the care of dependents under the age of
				  13 and dependents, including the employee's spouse, who are physically or
				  mentally incapable of self-care.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 13 - NEW JERSEY STATE EMPLOYEES TAX SAVINGS PROGRAM (TAXSAVE) › Section 17:1-13.5 - Salary reduction elections

Current through Register Vol. 56, No. 14, July 15, 2024
(a) The plan shall
				operate on a calendar-year basis, with each employee permitted to make a
				one-time salary-reduction election for the calendar year. The initial plan year
				shall commence on June 28, 1996, and shall conclude on December 31,
				1996.
(b) Salary-reduction
				elections shall be made during enrollment periods announced by the Division and
				shall be submitted to the plan administrator. An employee shall not be
				permitted to make salary-reduction elections once the enrollment period for the
				plan year has ended unless the employee experiences a qualifying change in
				family circumstances as recognized under §125 of the Internal Revenue
				Code,
				26 U.S.C. §
										125. A new employee shall be permitted to
				make a salary-reduction election for a period of 30 days following the
				employee's hire date. An employee who becomes eligible to participate in the
				plan following the end of the enrollment period shall also have 30 days from
				the employee's eligibility date to make a salary-reduction election.
				Information about the plan administrator and election forms shall at all times
				be available from the Division.
(c)
				In each calendar year, an employee establishing an unreimbursed medical
				spending account must elect a salary reduction amount of at least $ 100.00 but
				not more than $ 2,500 for this account.
(d) In each calendar year, an employee
				establishing a dependent care spending account must elect a salary reduction
				amount of at least $ 250 but not more than $ 5,000 ($ 2,500 if married, filing
				separately) for this account.
(e)
				Once made, a salary-reduction election for a given calendar year is
				irrevocable; provided, however, that modification or revocation of an election
				will be permitted if allowable under § 125 of the Internal Revenue Code,
				26 U.S.C. §
										125, as in certain circumstances involving a
				change in family status.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 13 - NEW JERSEY STATE EMPLOYEES TAX SAVINGS PROGRAM (TAXSAVE) › Section 17:1-13.6 - Claims for payment from plan accounts

Current through Register Vol. 56, No. 14, July 15, 2024
(a) Claims for
				payment of expenses eligible for payment from plan accounts shall be submitted
				to the plan administrator. Information about the plan administrator and claim
				forms are available from the Division.
(b) In each plan year, the total payments
				from a plan account shall not exceed the total salary reduction amount elected
				by the employee for that account for that plan year. Under the unreimbursed
				medical spending account (UMSA), the employee will be reimbursed for the
				maximum amount of the elected total contribution to the plan, whether or not
				the deductions from the employee's pay have totaled the amount of the filed
				claim. Conversely, under the Dependent Care Spending Account, the maximum
				amount of reimbursement available to the employee during the period of coverage
				shall be the amount posted to the employee's account at the time the employee
				files a reimbursement claim.
(c)
				The program period is based on a calendar year from January 1 to December 31;
				however, the plans have adopted the 2 1/2 month grace period rule permitted
				under the Federal tax code that extends the period of time for incurring
				qualifying expenses through March 15 of the following year. The employee may
				continue to submit claims for expenses incurred in the plan year through April
				30 of the following year.
(d) To
				qualify for reimbursement from an employee's plan account, an eligible expense
				must be incurred during the plan year for which the employee's election was
				made, or during the 2 1/2 month period immediately following the end of the
				calendar year, from January 1 through March 15. Expenses incurred before an
				employee becomes eligible to participate in the plan, for periods that an
				employee is not contributing to the plan, or after the employee's termination
				date are not eligible for reimbursement through the employee's plan
				account.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 13 - NEW JERSEY STATE EMPLOYEES TAX SAVINGS PROGRAM (TAXSAVE) › Section 17:1-13.7 - Forfeiture of account balances

Current through Register Vol. 56, No. 14, July 15, 2024
In the event that the amount elected by an employee to fund a
				  plan account in a given plan year exceeds the employee's total claims eligible
				  for payment from the plan account, for expenses incurred in that plan year,
				  including the 2 1/2 month grace period immediately following the end of the
				  calendar year (as submitted no later than April 30 of the following calendar
				  year), the balance in the plan account shall be forfeited to the
				  State.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 13 - NEW JERSEY STATE EMPLOYEES TAX SAVINGS PROGRAM (TAXSAVE) › Section 17:1-13.8 - Compliance with Internal Revenue Code

Current through Register Vol. 56, No. 14, July 15, 2024
The plan is intended to comply in all respects with the
				  provisions of § 125 of the Internal Revenue Code,
				  26 U.S.C. §
										125.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 14 - THE NEW JERSEY STATE EMPLOYEES COMMUTER TAX SAVINGS PROGRAM (COMMUTER TAXSAVE PROGRAM) › Section 17:1-14.1 - Establishment of plan

Current through Register Vol. 56, No. 14, July 15, 2024
State employees eligible to participate in the State Health
				  Benefits Program, except those part-time employees participating due to the
				  provisions of
				  P.L.
				  2003, c. 172 (
52:14-17.3 3a
), are
				  eligible to participate in the New Jersey State Employees Commuter Tax Savings
				  Program, which shall be referred to as the Commuter TaxSave Program, set forth
				  in this subchapter. The Division has been charged by the Treasurer with
				  responsibility for administering the Commuter TaxSave Program. In each month,
				  an employee, but not the employee's spouse or domestic partner, may participate
				  in one or both of the plan options available: mass transit expenses and
				  commuter parking expenses.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 14 - THE NEW JERSEY STATE EMPLOYEES COMMUTER TAX SAVINGS PROGRAM (COMMUTER TAXSAVE PROGRAM) › Section 17:1-14.2 - Enrollment in and deductions for the Commuter TaxSave Program

Current through Register Vol. 56, No. 14, July 15, 2024
(a) Each
				employee may elect to reduce his or her salary, through monthly payroll
				deductions, by a specified dollar amount which shall not be less than $ 15.00
				per month in one plan option, to create a Commuter TaxSave Program account in
				exchange for the payment by the State, or its plan administrator, of a
				qualified transportation fringe benefit, as defined in, and otherwise
				consistent with the provisions and limits of Section 132 of the Federal
				Internal Revenue Code of 1986,
				26 U.S.C. §
										132.
(b) Monthly deductions shall be taken by
				Centralized Payroll in the first pay period of the month prior to the benefit
				month. State colleges and universities may establish a schedule of deductions
				to occur each month prior to the benefit month.
(c) The amount of any reduction in an
				employee's salary for the purpose of contributing to the payment of the
				qualified transportation fringe benefit shall continue to be treated as regular
				compensation for all other purposes, including the calculation of pension
				contributions and the amount of any retirement allowance, up to the limit
				permitted by the Federal Internal Revenue Code, but shall not be included in
				the computation of Federal, Social Security, or Medicare taxes withheld from
				the employee's salary.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 14 - THE NEW JERSEY STATE EMPLOYEES COMMUTER TAX SAVINGS PROGRAM (COMMUTER TAXSAVE PROGRAM) › Section 17:1-14.3 - Salary reduction elections

Current through Register Vol. 56, No. 14, July 15, 2024
(a) The Commuter
				Tax$ ave Program shall operate on a month-to-month basis.
(b) An employee may make monthly changes in
				the amount elected as a deduction for the Commuter Tax$ ave Program. Deductions
				shall remain in effect at the same amount until the employee makes a change or
				leaves payroll.
(c) An employee may
				elect to have deductions for mass transit expenses, commuter parking expenses,
				or both.
(d) A formal election is
				required. The election must include the date of election, amount of reduction,
				and applicable benefit period (month).
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 14 - THE NEW JERSEY STATE EMPLOYEES COMMUTER TAX SAVINGS PROGRAM (COMMUTER TAXSAVE PROGRAM) › Section 17:1-14.4 - Reimbursement of qualified transportation fringe benefit

Current through Register Vol. 56, No. 14, July 15, 2024
(a) Pre-tax salary
				reduction amounts will be used to purchase benefit products (transit passes,
				transit vouchers, etc.) that can be used to pay for mass transit and parking
				expenses.
(b) Pre-tax salary
				reduction amounts for qualified parking expenses will be reimbursed to
				employees upon the submission of a claim form and documentation to substantiate
				incurred expenses.
(c)
				Reimbursement claims for parking expenses must be submitted within 180 days of
				the date the expense is incurred.
(d) Refunds of unused election amounts are
				not permitted as described in
				17:1-14.6; however, unclaimed
				amounts can be carried over month-to-month and applied toward future months'
				transit and parking expenses.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 14 - THE NEW JERSEY STATE EMPLOYEES COMMUTER TAX SAVINGS PROGRAM (COMMUTER TAXSAVE PROGRAM) › Section 17:1-14.5 - Claims for payment from plan accounts

Current through Register Vol. 56, No. 14, July 15, 2024
(a) Claims for
				payment of expenses eligible for payment from the Commuter TaxSave Program
				account shall be submitted to the plan administrator with parking or
				park-and-ride receipts. Information about the plan administrator and claim
				forms shall at all times be available from the Division.
(b) In each month, the total payments from a
				Commuter TaxSave Program account shall not exceed the prescribed Federal
				pre-tax monthly election limit.
(c)
				Commuter TaxSave Program accounts may not be used to pay expenses incurred
				prior to the employee's participation in the account or for periods that an
				employee is not contributing to the Program, except as permitted by Section 132
				of the Federal Internal Revenue Code of 1986,
				26 U.S.C. §
										132.
(d) Commuter TaxSave Program accounts may
				only be used to pay for eligible commuter expenses incurred by the
				employee.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 14 - THE NEW JERSEY STATE EMPLOYEES COMMUTER TAX SAVINGS PROGRAM (COMMUTER TAXSAVE PROGRAM) › Section 17:1-14.6 - Forfeiture of account balances

Current through Register Vol. 56, No. 14, July 15, 2024
(a) In accordance
				with Section 132 of the Federal Internal Revenue Code of 1986,
				26 U.S.C. §
										132, refunds of unused election amounts to
				the employee are prohibited. If an employee terminates from the Commuter
				TaxSave Program and has an unused account balance on the effective termination
				date, such unclaimed balance shall be forfeited to the State.
(b) In the event the amount elected by an
				employee to fund a Commuter TaxSave Program Commuter Parking Reimbursement
				account in a given month exceeds the employee's total claims for Commuter
				Parking Reimbursement expenses incurred in that month and eligible for payment
				from the Commuter TaxSave Program Commuter Parking Reimbursement account, the
				unused balance will roll forward and shall be available to cover qualifying
				expenses incurred in a future benefit month.
(c) Cash reimbursement for qualified parking
				expenses through the plan's CashBack program must be requested within 180 days
				after the expense has been incurred by the employee. If an employee incurs
				qualifying expenses to cover the employee's benefit election in a given month
				but the employee fails to file a claim for reimbursement within 180 days of the
				incurred expense, it shall no longer qualify as an eligible reimbursable
				expense from a Commuter Parking Reimbursement Account. However, the funds not
				claimed timely shall roll forward and may be used for reimbursement of future
				eligible parking expenses that are submitted within 180 days of the date
				incurred.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 14 - THE NEW JERSEY STATE EMPLOYEES COMMUTER TAX SAVINGS PROGRAM (COMMUTER TAXSAVE PROGRAM) › Section 17:1-14.7 - Compliance with Internal Revenue Code

Current through Register Vol. 56, No. 14, July 15, 2024
The Commuter Tax$ ave Program is intended to comply in all
				  respects with the provisions of Section 132 of the Federal Internal Revenue
				  Code of 1986,
				  26 U.S.C. §
										132.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 15 - THE NEW JERSEY SCHOOL EMPLOYEES' HEALTH BENEFITS PROGRAM › Section 17:1-15.1 - Establishment of the School Employees' Health Benefits Program (SEHBP)

Current through Register Vol. 56, No. 14, July 15, 2024
Effective July 1, 2008,
				  P.L.
				  2007, c. 103
				  established the SEHBP as a separate health program from State Health Benefits
				  Program (SHBP). The State Health Benefits Commission (SHBC) is responsible for
				  administering the SHBP by promulgating rules, contracting for services and
				  benefits and providing a review process for members disputing eligibility or
				  claims. 52:14-17.4 6.3 created a separate
				  School Employees' Health Benefits Commission (SEHBC) designed as the agency
				  responsible for the administration of the SEHBP.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 15 - THE NEW JERSEY SCHOOL EMPLOYEES' HEALTH BENEFITS PROGRAM › Section 17:1-15.2 - Temporary administration of the SEHBP

Current through Register Vol. 56, No. 14, July 15, 2024
Until such time as the SEHBC adopts its own rules, the SHBC
				  will act as the administrator for the SEHBP and all rules applying to the SHBP
				  will apply to the SEHBP. Except as provided by law, the two programs will be
				  administered in the same manner.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 17 - COMPLIANCE WITH INTERNAL REVENUE CODE › Section 17:1-17.1 - General provisions

Current through Register Vol. 56, No. 14, July 15, 2024
(a) This subchapter
				applies to the following: New Jersey Public Employees' Retirement System, New
				Jersey Teachers' Pension and Annuity Fund, New Jersey Police and Firemen's
				Retirement System, New Jersey State Police Retirement System, New Jersey
				Judicial Retirement System, New Jersey Consolidated Police and Firemen's
				Pension Fund, New Jersey Prison Officers' Pension Fund, Alternate Benefit
				Program, and Defined Contribution Retirement Plan, which are referred to in
				this subchapter as the "system," "retirement system," or "retirement
				systems."
(b) The "plan year" for
				the retirement systems is the fiscal year commencing July 1.
New Jersey Administrative Code › Title 17 - TREASURY - GENERAL › Chapter 1 - GENERAL ADMINISTRATION › Subchapter 17 - COMPLIANCE WITH INTERNAL REVENUE CODE › Section 17:1-17.2 - Compliance with 26 U.S.C. 401(a)(9) for required minimum distributions

Current through Register Vol. 56, No. 14, July 15, 2024
(a) Pursuant to
				43:3C-9.6, each retirement system
				shall pay all benefits in accordance with a reasonable and good faith
				interpretation of the requirements of
				26 U.S.C.
				§
										401(a)(9) Internal
				Revenue Code and the regulations in effect under that section, as applicable to
				a governmental plan within the meaning of
				26 U.S.C. §
										414(d). Each retirement
				system is subject to the following provisions:
1. If a member fails to apply for retirement
				benefits by the member's required beginning date as defined under
				43:3C-9.6, the retirement system
				shall begin distribution of the monthly benefit as required by this section in
				the standard form.
2. Unless
				distributed in a lump sum, the member's entire interest must be distributed
				over the member's life or the lives of the member and a designated beneficiary,
				or over a period not extending beyond the life expectancy of the member or of
				the member and a designated beneficiary.
3. If a member dies after the required
				distribution of benefits has begun, the remaining portion of the member's
				interest must be distributed at least as rapidly as under the method of
				distribution before the member's death.
4. If a member dies before required
				distribution of the member's benefits has begun, the member's entire interest
				must be distributed within five years of his or her death, unless it is to be
				distributed in accordance with the following:
i. If the member's surviving spouse is the
				sole designated beneficiary, the member's remaining interest in the plan is
				distributed or begins to be distributed by December 31 of the calendar year
				immediately following the calendar year in which the member died or by December
				31 of the calendar year in which the participant would have attained age 70
				1/2, if later; or
ii. If the
				member's surviving spouse is not the sole designated beneficiary, the member's
				remaining interest is to be distributed over the life of the designated
				beneficiary or over a period not extending beyond the life expectancy of the
				designated beneficiary. Such distribution shall begin no later than December 31
				of the calendar year immediately following the calendar year of the member's
				death.