Donnelly Elected Chair to manage Police and Firemen’s Retirement System (PFRS)

Eddie Donnelly, President of the NJ FMBA, has been elected as the first Chairman of the Board of Trustees that will manage the Police and Firemen’s Retirement System (PFRS).

Under the new structure, the Board of Trustees, made up of a majority the pension’s stakeholders, firefighters and police officers who rely on the pension they’ve invested in over the course of their careers, will be responsible for managing the fund.

Donnelly, who has been largely credited with steering the legislation through the New Jersey Legislature,  was appointed to the Board by Governor Murphy following the July 3, 2018 bill signing.

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