Retirement Benefits Information

Employees should visit the NJ Division of Pensions & Benefits website and register for MBOS (Member Benefits Online System).  The Member Benefits Online System (MBOS) gives registered users internet access to pension and health benefit account information and online applications
Thinking About Retirement?
Effective 10/1/12, ALL eligible members who wish to apply for retirement MUST submit an application online using the Retirement Application accessible through your personal MBOS account.
403(b) and 457(b) Elective Retirement Plans
Employees of the NHTSD are eligible to contribute to a tax-sheltered retirement plans called 403(b) plan or 457(b) plan.  These plans are types of retirement plans offered by public schools and certain 501(c)(3) tax-exempt organizations. It's similar to a 401(k) plan maintained by a for-profit entity. Just as with a 401(k) plan, 403(b) and 457(b) plans let employees defer some of their salary into individual accounts. Employees choose how they would like their elective deferrals to be invested within their individual accounts. The deferred salary and the investment growth is generally not subject to federal income tax until it's distributed.
The NHTBOE has approved the following investment providers to offer 403(b) and 457(b) plans to district employees:
Phone Number
AXA Equitable
(732) 606-8400
(732) 606-8427
Steven Higley
Thomas Williams
(800) 492-3553
ext. 28223
Kevin McCartney
AIG Valic
(908) 470-4110
Scott Boyd
Lincoln Investment Planning
(856)596-4830 x6031
Lori Campbell
Additionally, the district has selected PlanConnect as the third-party administrator for these plans.  This service is provided to all eligible employees at no cost to you; the investment companies absorb the cost of the service. The third party administrator, PlanConnect, will offer online tools for you for your plans.  You can still continue to utilize and work with the representatives of the investment companies you select, however, you will now have online access to view your investments and make changes to your contributions at any time.