Eddie Donnelly, the president of the New Jersey Firefighters Mutual Benevolent Association, has been elected as the first chairman of a state board that will manage the Police and Firemen’s Retirement System (PFRS).
Donnelly was one of the driving forces behind legislation to allow a board of trustees where a majority of members were stakeholders – firefighters and police officers — in the pension system. The trustees will manage the fund.
After the bill was signed into law last July, Gov. Murphy appointed Donnelly as one of the trustees.