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Pensions and Benefits

The Additional Contributions Tax-Sheltered (ACTS) Program allows eligible employees to obtain supplemental tax-deferred annuities with a variety of carriers through a salary reduction agreement. Participants can direct voluntary contributions among six authorized investment providers. Each provider provides a selection of investment choices to meet the needs and goals of retirement planning. The ACTS Program is separate from, and in addition to your basic pension benefit, the Supplemental Annuity Collective Trust (SACT) Fund, and the Deferred Compensation Plan.


Employees of county colleges, state universities and colleges, the Commission on Higher Education, the Department of Education, and the Office of Student Assistance are eligible to participate in the ACTS Program. Participation in ACTS is also open to those employees previously mentioned who are now receiving retirement allowances from a state pension system and who would otherwise be barred from joining another state pension system. Eligible employees can obtain supplemental tax-deferred annuities with outside investment providers on the same basis and with the same providers as currently available to members of the Alternate Benefit Program (ABP).

To be considered eligible, you must work for one of the employers listed above and normally work 20 hours per week or more.


The six designated providers, the same providers and investment options currently available to members of the ABP, are:

  • MetLife (formerly Travelers/CitiStreet)

Detailed information on investment options is available by contacting the providers individually. The toll-free telephone numbers for the authorized providers may be found below.


To join the ACTS Program, obtain the necessary forms from your benefits office. You need to complete a Salary Reduction Agreement Adobe PDF (10K) and the Provider Election and Allocation Adobe PDF (31K) form. In addition, you must complete any necessary forms to establish an account directly with the provider(s) before submitting forms to the ACTS Program.

If you are paid by the state centralized payroll system, your employer must certify both the Salary Reduction Agreement Adobe PDF (10K) and the Provider Election and Allocation Adobe PDF (31K) form. These forms must be forwarded to the ACTS Program office at the Division of Pensions and Benefits. You and your employer will receive confirmation copies with an effective date of deductions.

If you are employed by a state college or university or a county college, your benefits office will advise you of the filing and processing procedures.

It is your responsibility to obtain the necessary forms to establish an account with the provider(s) you select for your investments. Failure to do so may result in lost revenue from your contributions. Additionally, the provider(s) will return your contributions and your participation will be delayed.


Your reduction cannot exceed the prevailing IRS maximum for all 403(b) plans or the limitations of Section 415 and the regulations thereunder of the Internal Revenue Code. Contributions are excluded from your wages for federal income tax purposes.

Your contribution allocation must be in whole percentages of your includible compensation (base salary minus required deductions under payroll guidelines).


You may change your percentage of contribution by completing a new Salary Reduction Agreement Adobe PDF (10K). Salary Reduction Agreements are limited to one per calendar quarter. To change carriers or percentage of allocation among the providers you must file a new Provider Election and Allocation Adobe PDF (31K) form, which can be done twice per calendar year. You may suspend your contributions at any time by completing a Salary Reduction Agreement Adobe PDF (10K).


Typically, accounts are paid at termination of employment or retirement. Information provided by the provider(s) will outline regulations, tax consequences, and distribution options. This will include the discussion of options available at separation of service from your employer, in the event of your death, or under a hardship withdrawal.


Your benefits office will answer your questions on the ACTS Program. For specific information on the providers and investments, contact each provider directly.


The following providers have been approved by the Division of Pensions and Benefits to offer annuity investment accounts for ACTS members:

AXA Financial (Equitable)
333 Thornall Street, 8th Floor
Edison, NJ 08837

MassMutual Retirement Services (formerly The Hartford)
Gitterman & Associates Wealth Management, LLC (financial advisors)
70 Wood Avenue South, 3rd Floor
Iselin, NJ 08830
(848) 248-4405

Plan Participant information concerning MassMutual’s intention to purchase The Hartford’s Retirement Plans business Adobe PDF (58K)

VOYA Financial Services
581 Main Street, 4th Floor
Woodbridge, NJ 07095

MetLife (formerly Travelers/CitiStreet)
MetLife Insurance Company of Connecticut
581 Main Street, 6th Floor
Woodbridge, NJ 07095
1-800-545-0108 or (732) 602-0500
Teachers Insurance and Annuity Association/TIAA (formerly TIAA/CREF)
155 Village Blvd, Suite A
Princeton, NJ 08540
135 Route 202/206, Suite 13
Bedminster, NJ 07921

(908) 470-4110


Fact Sheet #34, Additional Contributions Tax-Sheltered (ACTS) Program Adobe PDF (17K)

ACTS Salary Reduction Agreement Adobe PDF (10K)

ACTS Provider Election and Allocation Adobe PDF (31K)

ACTS Transfer Authorization to SACT Adobe PDF (9K)


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