PFRS is an acronym for what?

The acronym PFRS stands for the Police and Firemen Retirement System. This system is specifically established in New Jersey to provide retirement benefits to police officers and firefighters who serve within the state. It was designed to acknowledge the unique challenges and risks associated with these public safety professions, ensuring that the dedicated individuals who protect and serve communities have secure and adequate retirement provisions.

The system includes components such as pension benefits, disability benefits, and survivor benefits, all tailored to support those who have dedicated their careers to public safety. The designation of PFRS as the Police and Firemen Retirement System is significant because it reflects the distinct nature of the retirement plan that caters specifically to law enforcement and firefighting personnel, separating it from other retirement systems that may serve different groups of public or private sector employees.