All N.J. police, firefighters could retire with pension after 20 years under new ‘burnout bill’

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All N.J. police, firefighters could retire with pension after 20 years under new ‘burnout bill’
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Some local officials warn it would put more of a burden on New Jersey's notoriously underfunded public-worker pension system.

Brent Johnson | NJ Advance Media for NJ.com

All police and firefighters enrolled in New Jersey’s pension system would get the option to retire early with a reduced pension after 20 years of service under a proposed law moving through the state Legislature. Supporters of the proposal — dubbed the “burnout bill” — say it’s designed to help a small number of public safety workers who find it difficult to keep doing the job because of mental or physical exhaustion.

Opponents warn it would burden taxpayers by putting additional strain on New Jersey’s notoriously underfunded pension system and cause higher costs for local governments at a time of economic uncertainty. Get politics news like this right to your inbox with the N.J. Politics newsletter. Add your email below and hit"subscribe"If you purchase a product or register for an account through one of the links on our site, we may receive compensation.

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