Employers' Pensions and Benefits Administration Manual (EPBAM)



Information by Employer Task


Supplemental Retirement Accounts

In addition to the many Defined Benefit Plans, employees have the opportunity to invest additional money in one or more Defined Contribution Accounts offered through the Division of Pensions and Benefits.

Membership in a defined contribution account is in addition to, and will not affect an employee's membership in the defined benefit plan to which the employee must belong.  Functionally, all contributions made to a supplemental retirement account will be in addition to regular pension deductions.

Contributions to all the supplemental retirement accounts discussed here are made through contractually agreed upon salary reductions.  While the contribution rates to PERS, TPAF, PFRS, SPRS, etc., cannot be changed, any member may adjust the contribution rate to a supplemental plan by completing the appropriate form. 

Like the defined benefit plans, all deductions for defined contribution plans are certified by the Division of Pensions and Benefits.  As the local pension administrator, you cannot begin, end or change contribution rates without first receiving a "Certification of Payroll Deductions" from the Division.

To view information about any Defined Contribution Plan offered by the Division, simply click on the appropriate link below.

Supplemental Annuity Collective Trust - Regular (SACT - SA)

Supplemental Annuity Collective Trust - Tax Sheltered (SACT - TS)

Additional Contributions Tax Sheltered (ACTS)

New Jersey State Employees Deferred Compensation Plan (NJSEDCP)*

*Changes in the Administration of the New Jersey State Employees Deferred Compensation Plan: On October 25, 2005, the State Treasury and New Jersey State Employers Deferred Compensation Board announced that Prudential Retirement, a business of New Jersey-based Prudential Financial, has been selected as the third party administrator for the New Jersey State Employees Deferred Compensation Plan (NJSEDCP). Because of this upcoming change in the administration of the NJSEDCP, effective January 1, 2006, some of the information provided below may no longer be accurate. The Division of Pensions will provide procedural updates regarding the NJSEDCP as soon as they become available.






























division (internet use only): p&b home | SHBP home | forms and publications | seminars | contact the division
pension funds : PERS | TPAF | PFRS | SPRS | JRS | ABP | other funds | search
Last Updated: December 6, 2005