Pandolfo, 39, played 18 games last season for the Boston Bruins and 62 the season prior to that with the New York Islanders. He spent the first 13 seasons of his career with the Devils, who selected him in the second round (No. 32) of the 1993 NHL Draft.
"I was very fortunate to live my dream of playing in the NHL," Pandolfo said in a statement released through the NHL Players' Association. "I was lucky to be part of three great organizations and would like to thank the New Jersey Devils, New York Islanders and Boston Bruins. I would like to thank all my teammates, coaches and staff for all the memorable experiences together. I'd especially like to thank my family for all the support they have given me throughout my career."