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Welcome to the NJ Division of Pensions & Benefits. Here you can learn all about your Health Benefit and Pension Related information for Active Employees, Retirees, and Employers. Our mission is to provide quality benefits and services to meet the needs of our clients.
The Public Employees' Retirement System (PERS) is open to state, county, municipal, authority, and school board employees who are precluded from any other N.J. State retirement system. Learn More. Teachers' Pension and Annuity Fund.
MBOS Applications. Visit our Video Library for step-by-step video tutorials to help you complete active and retired MBOS applications. Or, visit our MBOS User Guides for step-by-step written instructions to help you complete active and retired MBOS applications.
Password: Forgot your login ID? Forgot your password? Need help? If you need to register for Unemployment Benefits please go to myunemployment.nj.gov. Unemployment services are only accessed through that site. Otherwise, register for myNewJersey services here: Statewide. Governor Phil Murphy.
Monday - Friday between 5 a.m. - 7 p.m. Pacific time, and Saturdays between 6 a.m. - 2:30 p.m. Pacific time. The home of your retirement plan account. Login to check the balance of your retirement plan account, view your estimated monthly retirement income and more.
MBOS registration and access is for the exclusive use of pension system members and benefit recipients. If you are not authorized to use this site, please exit. Unauthorized access is subject to prosecution to the fullest extent of the law.
Restoring COLAs for all retired government workers would cost the state another $2 billion annually, according to recent Department of the Treasury estimates. The practice of shorting state pension payments wasn’t halted until the 2022 fiscal year, leaving the pension system with a significant unfunded liability.
There are currently seven pension funds administered by the State of New Jersey. Most are a defined contribution plan in which the employee contributes a fixed percentage of their salary while the employer contributions are based on actuary reports.
The New Jersey Public Employees’ Retirement Sys-tem (PERS) Member Guidebook provides a summary description of the benefits of the plan and outlines the rules and regulations governing the plan. The PERS Member Guidebook should provide you with all the in-formation you need about your PERS benefits.
The retirement system you are in is determined by your job, where you are employed and the date your employment began. The two defined benefit pension systems for NJEA members are the Public Employees’ Retirement System (PERS) and Teachers’ Pension and Annuity Fund (TPAF).