New Jersey 2024-2025 Regular Session

New Jersey Senate Bill S2023

Introduced
1/9/24  
Introduced
1/13/26  
Refer
1/9/24  

Caption

Concerns issuance of permit to purchase handgun and firearms purchaser identification card to persons age 18 to 25.

Impact

The bill's passage would amend current regulations surrounding retirement allowances for members of PFRS, guaranteeing that certain retirees, including surviving spouses and dependents, receive regular cost-of-living adjustments. This would provide financial relief for those whose pensions may not keep pace with inflation, specifically targeting those at risk of financial insecurity due to insufficient retirement funds. By establishing a direct link between benefits and inflation metrics, like the Consumer Price Index, the bill aims to protect the purchasing power of retired personnel as living expenses increase over time.

Summary

Senate Bill S2023 requires a cost of living increase to be granted in each of two calendar years for certain retired members and beneficiaries of the Police and Firemen's Retirement System (PFRS). The bill outlines that the increases in retirement allowances should happen on January 1 of the calendar year following the bill's enactment and on January 1 of the next calendar year, impacting individuals whose original benefits are at or below 450 percent of the federal poverty level for a household of one. This ensures that retired law enforcement personnel receive adequate support in maintaining their quality of life amid rising living costs.

Sentiment

The general sentiment around S2023 appears to be positive among supporters who believe that it provides essential financial support to retired first responders and their families. Proponents argue that ensuring these individuals have a safety net is a matter of fairness and recognition of their service. However, there may be some reservations concerning the financial implications for the state budget, as the bill mandates that the adjustments be funded by state resources, potentially leading to debates regarding state financial priorities.

Contention

One of the notable points of contention centers on the funding aspect of the bill, as it requires state appropriations to support the financial adjustments proposed. Opponents might argue about the sustainability of such funding in the context of other pressing state financial obligations. Additionally, there may be discussions on the criteria for who qualifies for these increases, especially the stipulation regarding those under the age of 62 or the restrictions based on the federal poverty level thresholds.

Companion Bills

NJ S3148

Carry Over Concerns issuance of permit to purchase handgun and firearms purchaser identification card to persons age 18 to 25.

NJ S180

Carry Over Establishes fire safety standards and protocols for certain light frame residential construction; requires placards identifying primary structural systems of buildings.

Previously Filed As

NJ S2589

Concerns issuance of permit to purchase handgun and firearms purchaser identification card to persons age 18 to 25.

NJ A260

Establishes pilot program to provide training at no cost to certain persons seeking firearms purchaser identification card, permit to purchase handgun, or permit to carry handgun.

NJ S2311

Provides that firearms purchaser identification card is valid for four years; requires training prior to issuance of firearms cards and handgun purchase permits; revises procedures for passing of firearms to heir or legatee.

NJ A3227

Allows county sheriffs to issue firearms identification cards and permits to purchase handguns; authorizes county sheriffs to accept applications for permits to carry handguns.

NJ S1860

Gives priority to applicants for firearms purchaser identification card and permits to purchase handguns when domestic violence restraining order is in effect.

NJ A511

Gives priority to applicants for firearms purchaser identification card and permits to purchase handguns when domestic violence restraining order is in effect.

NJ S1707

Allows county sheriffs to issue firearms identification cards and permits to purchase handguns; authorizes county sheriffs to accept applications for permits to carry handguns.

NJ A222

Requires Attorney General to compile and publicly report certain statistics pertaining to permits to carry for handguns and firearm purchaser identification cards.

NJ S3414

Requires Attorney General to compile and publicly report certain statistics pertaining to permits to carry for handguns and firearm purchaser identification cards.

NJ A2956

Clarifies that chief of police or Superintendent of State Police has burden of proving applicant's disqualification for permit to purchase handgun or firearms purchaser identification card.

Similar Bills

No similar bills found.