S 2094 - Limiting State Alternate Benefit Program for Higher Education Faculty - New Jersey Key Vote
John Wisniewski voted Nay (Passage) on this Legislation.
Timeline
- Executive Signed
- June 30, 2010
- House Bill Passed
- June 28, 2010
- Senate Bill Passed
- June 28, 2010
- Introduced
- June 21, 2010
Related Issues
Stage Details
Title: Limiting State Alternate Benefit Program for Higher Education Faculty
Signed by Governor Chris Christie
Title: Limiting State Alternate Benefit Program for Higher Education Faculty
Vote Smart's Synopsis:
Vote to pass a bill that requires the State to contribute no more than 8 percent of the salary for department officers toward the Alternate Benefit Program.
Highlights:
-Specifies that based on a certification by the Division of Pensions of the number and base salary of participants employed by the State and county colleges, the State is required to make payment of the employer contributions to the Alternate Benefit Program at a rate equal to 8 percent of the employee's base salary, but the amount of the contribution may not exceed 8 percent of the maximum salary for department officers (Sec. 1). -Specifies that for the member of the Public Employees' Retirement System employed by the county colleges, the State is required to make payment of the employer contributions to the Alternate Benefit Program at a rate equal to 8 percent of the employee's base salary, but the amount of the contribution may not exceed 8 percent of the maximum salary for department officers (Sec. 1).
Title: Limiting State Alternate Benefit Program for Higher Education Faculty
Vote Smart's Synopsis:
Vote to pass a bill that requires the State to contribute no more than 8 percent of the salary for department officers toward the Alternate Benefit Program.
Highlights:
-Specifies that based on a certification by the Division of Pensions of the number and base salary of participants employed by the State and county colleges, the State is required to make payment of the employer contributions to the Alternate Benefit Program at a rate equal to 8 percent of the employee's base salary, but the amount of the contribution may not exceed 8 percent of the maximum salary for department officers (Sec. 1). -Specifies that for the member of the Public Employees' Retirement System employed by the county colleges, the State is required to make payment of the employer contributions to the Alternate Benefit Program at a rate equal to 8 percent of the employee's base salary, but the amount of the contribution may not exceed 8 percent of the maximum salary for department officers (Sec. 1).
Title: Limiting State Alternate Benefit Program for Higher Education Faculty