Subject to the approval of the State
Treasurer and the Deferred Compensation Board, the eligibility
requirements for enrollment dictate that the individual must be
an employee of the State of New Jersey, or an eligible agency,
authority, commission, or instrumentality of State government
that has an independent corporate existence. (Click here
for a list of participating employers.) As well, the employee
must either be presently enrolled in a New Jersey state-administered
retirement system, including the Alternate Benefit Program, or
have accrued at least twelve (12) consecutive months of employment.
The exceptions are those employees
not required to enroll in the retirement system who are considered
permanent immediately, or that have accrued at least twelve
consecutive months of employment, or any individual employed
through a Governor's appointment.
Individuals employed through a county,
township, or municipality and not paid directly through the State
of New Jersey or one of the State's agencies, authorities, commissions
or instrumentalities are not eligible to participate in the New
Jersey State Employees Deferred Compensation Plan.