New Jersey · 2026-2027 Regular Session · Bill

S 1448: Requires cost of living increase to be granted in each of two State fiscal years when retirement allowance or benefit is below certain amount for retiree or beneficiary in PERS, TPAF, PFRS, SPRS, and JRS; makes appropriation.

In committee Last action January 13, 2026: Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee

Plain-language summary

S 1448 is a bill introduced in the New Jersey Senate on January 13, 2026. According to its official title, it concerns: Requires cost of living increase to be granted in each of two State fiscal years when retirement allowance or benefit is below certain amount for retiree or beneficiary in PERS, TPAF, PFRS, SPRS, and JRS; makes appropriation. Primary sponsor: Joe Cryan (Democratic). Most recent recorded action (January 13, 2026): Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee.

Sponsors

Primary sponsor: Joe Cryan (Democratic).