# New Jersey A2449: 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.

New Jersey A2449, 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., is a 221st Legislature (2026-2027) House bill sponsored by Tennille R. McCoy (Democratic), Carmen Theresa Morales (Democratic); status in committee, last action 2026-01-13 (Introduced, 1st Reading in Assembly, Referred to Assembly State and Local Government Committee) (as of 2026-10-12).

- Canonical: https://policyrisk.com/state-bill/NJ-A2449-2026-2027
- As of: 2026-10-12
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: New Jersey A2449
- State: New Jersey
- Session: 221st Legislature (2026-2027)
- Title: 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.
- Status: in committee
- Chamber: House
- Introduced: 2026-01-13
- Last action: 2026-01-13, Introduced, 1st Reading in Assembly, Referred to Assembly State and Local Government Committee
- Sponsors: Tennille R. McCoy (Democratic), Carmen Theresa Morales (Democratic)
- Cosponsors: 0
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

No summary available.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Tennille R. McCoy (Democratic), House
- Sponsor: Carmen Theresa Morales (Democratic), House

## Actions (1)

- 2026-01-13: Introduced, 1st Reading in Assembly, Referred to Assembly State and Local Government Committee (House)

## Bill text

- As Introduced, 2026-01-05: [HTML](https://pub.njleg.state.nj.us/Bills/2026/A2500/2449_I1.HTM), [PDF](https://pub.njleg.state.nj.us/Bills/2026/A2500/2449_I1.PDF)

## Related bills

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- S4420: Authorizes regional rehabilitation and reentry center authority to determine county proportional share assessment for budget purposes. (signed)
- S4515: Authorizes dual employment by certain employees of Rutgers University and affiliated contracting entities.* (signed)
- S4413: Establishes School-based Partnerships for Access and Resilience for Kids program in DCF; requires school districts to develop mental health support and partner… (signed)
- S2962: Provides seniority service credit to educational support professionals for military service. (signed)
- A4072: Establishes minimum qualifications for persons employed on public works contract. (signed)

## Sources
- [As Introduced (HTML)](https://pub.njleg.state.nj.us/Bills/2026/A2500/2449_I1.HTM)
- [As Introduced (PDF)](https://pub.njleg.state.nj.us/Bills/2026/A2500/2449_I1.PDF)

## Related
- [S1395: Allows certain limited liability companies to terminate alternate names before…](https://policyrisk.com/state-bill/NJ-S1395-2026-2027)
- [S4420: Authorizes regional rehabilitation and reentry center authority to determine co…](https://policyrisk.com/state-bill/NJ-S4420-2026-2027)
- [S4515: Authorizes dual employment by certain employees of Rutgers University and affil…](https://policyrisk.com/state-bill/NJ-S4515-2026-2027)
- [S4413: Establishes School-based Partnerships for Access and Resilience for Kids progra…](https://policyrisk.com/state-bill/NJ-S4413-2026-2027)
- [S2962: Provides seniority service credit to educational support professionals for mili…](https://policyrisk.com/state-bill/NJ-S2962-2026-2027)
- [A4072: Establishes minimum qualifications for persons employed on public works contrac…](https://policyrisk.com/state-bill/NJ-A4072-2026-2027)
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Source: PRIA, https://policyrisk.com/state-bill/NJ-A2449-2026-2027 (as of 2026-10-12).