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NJ Police and Fire Pension - 3 year rule NJ Return

frankchiacchio
Level 1

My client tells me a portion of his NJ PFRS pension is not taxable in NJ for the first three years of collecting it. He made bi-weekly contributions during his career. But, he is unable to come up with the total contribution amount. 

A NJ pension fact sheet does not give many specifics.   

Can anyone offer some guidance ? 

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3 Comments 3
George4Tacks
Level 15

Tell him to do more research. Ex employer or the pension board should have it. Actually there is a place for it on the 1099R.


Answers are easy. Questions are hard!
frankchiacchio
Level 1

Thank you for your help 

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linda2
Level 5

He needs to contact the NJ Division of Pensions.  They have a letter with the pension information including total contributions.

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