As reported by NJ.com, a group of unions representing New Jersey State Troopers are the first to sue Governor Chris Christie to force him to make a larger payment to the State’s public-worker pension system in his latest state budget proposal. Christie’s proposed budget, which covers the fiscal year that begins in July, includes a
pension overhaul
New Jersey Senate Republicans Push Christie Pension Reform and Civil Service Reform
As reported on New Jersey State Senator Tom Kean’s website, Senator Kean appears to be pushing the Christie agenda of Civil Service reform and Public Employee Pension reform.
In a press release dated July 26, 2013, Kean stated: “I’m glad that Senate Democrats have finally decided to show up to work in Trenton this …
NJ Judge Takes Pension Fight to NJ Supreme Court
As reported by nj.com, the question of whether Governor Chris Christie and the Legislature can order judges to pay 9 percent more toward their pensions is headed to the New Jersey Supreme Court. The justices will hear arguments today in a case brought by Superior Court Judge Paul DePascale of Hudson County.
DePascale hopes …
Judge Rules State Pension, Benefits Overhaul Does Not Apply To NJ Judges
As reported by nj.com, Superior Court judges and Supreme Court justices, protected by the state Constitution from salary reductions while in office, are exempt from Governor Chris Christie’s new pension and health benefits plan requiring them to contribute a larger share of their salary, a judge ruled yesterday.
Christie immediately lashed out …
U.S. State Pensions Face Overhaul in Bad Economy
Recently, Karen Pierog and Jim Christie published an article addressing state pension overhauls during these tough economic times. Specifically, the article examines how Illinois, California, and other states have instituted reforms to combat increasing and debilitating unfunded pension liabilities.
According to the article, the National Association of State Retirement Administrators found a nearly $443 billion …