<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=314834185700910&amp;ev=PageView&amp;noscript=1">

New Update: Healthcare Costs Increasing by Over 60% in Some States. Will you be impacted?

Learn More

New Jersey Resources Employees: Discover the Exciting Possibilities of Continuing Your Career in Retirement

image-table

Healthcare Provider Update: Healthcare Provider for New Jersey Resources New Jersey Resources (NJR) is a publicly traded energy services company that provides natural gas and energy services to support their customers. They have partnered with various healthcare insurers to offer health benefits to their employees. While the specific healthcare provider for NJR does not seem to be explicitly documented, they typically leverage local and nationwide providers suited for corporate health benefits under state and federal health regulations. Potential Healthcare Cost Increases for New Jersey Resources in 2026 As we look ahead to 2026, healthcare costs are anticipated to rise significantly for New Jersey Resources employees. Due to factors such as escalating medical services costs and the expiration of enhanced ACA premium subsidies, individuals could face premium increases averaging nearly 36.5% for local government employees and 29.7% for school employees. This perfect storm of rising healthcare expenses, coupled with the pressure on insurers to maintain profitability, poses the risk of out-of-pocket expenses soaring, thereby underlining the urgent need for strategic financial planning in the upcoming year. Click here to learn more

The idea of blending generations in the workplace and the pursuit of 'encore careers' provide a significant change in our understanding of the length and importance of our professional life in the work and career dynamics of today. Author and businessman Marc Freedman speaks eloquently about these subjects, highlighting the many advantages of working past conventional retirement age and the ways in which New Jersey Resources professionals can reinvent themselves through fulfilling second careers.


The conversation between Christine Benz and Amy Arnott of Morningstar and Freedman reveals a thorough grasp of the social and individual ramifications of working later in life. Freedman, who managed a home with kids after surpassing the conventional retirement age, highlights the significant emotional and social advantages of long-term employment in addition to its financial necessity. He brings up a study conducted ten years ago that found retirees frequently miss the fruitful interactions and teamwork that come with working toward worthwhile objectives. This realization supports Freud's claim that the two most important aspects of being human are love and work, which provide us with a purpose to get out of bed in the morning and the thread that binds our social networks together.

The desire to prolong working life for New Jersey Resources employees, however, is confronted with real obstacles, such as societal and infrastructure impediments that impede people's ability to smoothly enter this new stage of life. Freedman draws attention to the disparity that exists between the desire and reality of working longer hours. He emphasizes the necessity for additional supportive systems that facilitate older workers' entry and exit from the labor.

Innovative attempts to easing these transitions are exemplified by encouraging developments, like higher education programs tailored for individuals in their later years. Programs like the Encore Fellowship at Harvard and the Advanced Leadership Initiative provide a means for seasoned professionals to reevaluate their purpose, acquire fresh perspectives, and get ready for meaningful encore careers. Though specifically designed to meet the needs and goals of New Jersey Resources individuals seeking to reinvent their later years, these programs are a reflection of the transitional support networks that have historically been accessible to young adults.


Maintaining a job at New Jersey Resources well into old age has several advantages, including social interaction, financial security, and a strong feeling of purpose. Surgeon General Vivek Murthy's focus on the scourge of loneliness is addressed by research, which also highlights the fundamental connection between meaningful living and health. This research includes insights from the Blue Zones series. The workplace becomes a vital setting for building relationships and satisfying the human need for purposeful work, as Marge Piercy so eloquently puts it: 'The pitcher cries for water to carry and a person for work that is real.'

Prominent individuals such as Jimmy Carter, whose humanitarian endeavors after leaving the presidency exemplify the possibility of meaningful work later in life, serve as inspiration for Freedman's concept of the encore career. These professions frequently represent an evolution rather than a radical break from earlier work, building upon the knowledge, expertise, and interests cultivated throughout a lifetime. Gary Maxworthy is a prime example; driven by both a personal loss and a lifetime of experience in food distribution, he created the Farm to Family program, which greatly increased the caliber and amount of food that food banks could provide.

This story not only describes the 5 million Americans who are now pursuing encore careers, but it also suggests that society could utilize the talents of an additional 21 million people who make this shift a priority. These professionals' combined experience and knowledge constitute a powerful resource that, with proper mobilization, may have a significant positive impact on society.

Featured Video

Articles you may find interesting:

Loading...


To sum up, the trend toward longer working lifespans and the desire for encore careers represents a more expansive vision for our career and personal paths. It promotes a social reassessment of the potential contributions of elder generations, highlighting the significance of establishing pathways for ongoing development, fulfillment, and contribution. We can change the way people think about work and retirement by implementing creative programs and providing strategic assistance. This will help to create a future in which New Jersey Resources employees and the rest of the work force has the chance to pursue work that is both financially and personally fulfilling.

When considering career options after retirement from New Jersey Resources, it's important to keep in mind that, according to a 2022 report from the Bureau of Labor Statistics, people 65 and older are expected to join the workforce at a rate that will increase faster than that of any other age group through 2030. This pattern highlights a change toward career participation in later life, indicating seniors' need and desire to continue being involved in the workforce. These figures demonstrate how retirement is changing, indicating that it is no more a definite conclusion to employment but rather a stage of transition for many people.

See retirement as the beginning of an exciting new chapter in a big, ongoing tale, rather than the end of a book. Retirement provides a rich environment for growth, change, and the cultivation of new endeavors for the modern professional, much like an experienced gardener doesn't just hang up their tools at the end of the season but instead starts planning for the next bloom. This can be viewed as a chance to gather the wealth of knowledge and experience accumulated over a lifetime and plant the seeds for a second career that will be personally fulfilling and contribute positively to society. Those entering this stage can combine their in-depth knowledge with novel endeavors, much like a gardener who understands that the best crops are produced through a combination of old and new ways. This will ensure that their legacy endures and influences future generations.

What is the 401(k) plan offered by New Jersey Resources?

The 401(k) plan at New Jersey Resources is a retirement savings plan that allows employees to save a portion of their paycheck before taxes are taken out.

How can employees enroll in the New Jersey Resources 401(k) plan?

Employees can enroll in the New Jersey Resources 401(k) plan by completing the enrollment form available through the HR portal or by contacting the HR department for assistance.

Does New Jersey Resources match employee contributions to the 401(k) plan?

Yes, New Jersey Resources offers a matching contribution to the 401(k) plan, which helps employees grow their retirement savings.

What is the maximum contribution limit for the New Jersey Resources 401(k) plan?

The maximum contribution limit for the New Jersey Resources 401(k) plan is in line with IRS guidelines, which are subject to change annually.

When can employees start contributing to the New Jersey Resources 401(k) plan?

Employees can start contributing to the New Jersey Resources 401(k) plan after completing their eligibility period, typically within the first few months of employment.

Are there any fees associated with the New Jersey Resources 401(k) plan?

Yes, there may be administrative fees associated with the New Jersey Resources 401(k) plan, which are disclosed in the plan documents provided to employees.

Can employees take loans against their 401(k) balance at New Jersey Resources?

Yes, New Jersey Resources allows employees to take loans against their 401(k) balance, subject to specific terms and conditions outlined in the plan.

What investment options are available in the New Jersey Resources 401(k) plan?

The New Jersey Resources 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles.

How often can employees change their contribution amount to the New Jersey Resources 401(k) plan?

Employees can change their contribution amount to the New Jersey Resources 401(k) plan on a quarterly basis or as specified in the plan guidelines.

What happens to the New Jersey Resources 401(k) plan if an employee leaves the company?

If an employee leaves New Jersey Resources, they can either roll over their 401(k) balance to another retirement account, cash out, or leave the funds in the plan, depending on the plan's rules.

New call-to-action

Additional Articles

Check Out Articles for New Jersey Resources employees

Loading...

For more information you can reach the plan administrator for New Jersey Resources at , ; or by calling them at .

*Please see disclaimer for more information

Relevant Articles

Check Out Articles for New Jersey Resources employees