S 4429·NJ·senate
Permits TPAF and PERS retirees to change named beneficiary upon death of previously named beneficiary.
In CommitteeFiled Jun 8, 2026
Sponsor: Troy Singleton (D)
Latest Action
Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee
Jun 8, 2026
Summary
The bill lets retirees of the Teacher Pension and Annuity Fund (TPAF) and the Public Employees' Retirement System (PERS) update their designated beneficiary when the person they originally named passes away. It affects any former employee receiving a pension or annuity from these two state retirement programs. The change aims to ensure retirees can keep their benefits aligned with current family circumstances.
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