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The NJEA since December has been hoping to pass two bills that would do away with the pension tier system in which waves of ...
The New Jersey Senate on Monday passed a bill sponsored by Sen. Vince Polistina to expand pension benefits for teachers by ...
New Jersey is in an "elite" category of states with pension problems, a new report says. Without reforms, policymakers face difficult choices.
NJ Advance Media delved into newspaper clippings and public records to identify people accused of everything from sexual crimes to taking bribes who still get payments from the state's pension system.
That’s according to a 35-page report titled “The Looming Tipping Point of New Jersey’s Pension System,” released by the right-leaning think tank Garden State Initiative on Dec. 14.
New Jersey was no exception, as former Gov. Chris Christie famously slashed promised pension payments by nearly $2.5 billion to close budget gaps. The average pension ratio in 2007 was 83 percent ...
A large pension plan in New Jersey is moving forward with its plan to withdraw from the state's public fund management system and invest approximately $1.4 billion in private markets in 2025.
NJ Pension crisis 101: Where things stand in March 2015. By; John Reitmeyer for NJ Spotlight; March 13, 2015 (Phil Gregory/for NewsWorks) Gov. Chris Christie has been trying to generate support in ...
* Steven Malanga hit the nail on the head (“NJ’s Poison Pensions,” PostOpinion, June 22). People forget how money was taken from the pension system to pay other debts and was never returned.
Lawyers for the Christie administration are headed back before the New Jersey Supreme Court next week for oral arguments in a case involving the health of the $72 billion pension fund. Skip to content ...