Daily Update

September 11, 2024

SHBP Increase Adjusted to 16.4% for Local Governments

The Division of Pensions published the revised Plan Year 2025 Local Government Employee Group Rate Setting Recommendation that increases rates by 16.2%, down from the recommended 17.2%.   

Read more: SHBP Increase Adjusted to 16.4% for Local Governments  

Contact: Paul Penna, Senior Legislative Analyst, ppenna@njlm.org, 609-695-3481, x110.

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