As reported by NJ.com, nearly a year after Governor Chris Christie responded to a sudden budget crisis by slashing payments into the State pension system, New Jersey’s public labor unions will fight for their right to that money before the New Jersey Supreme Court on Wednesday. A victory for the unions could send billions
Jacobson
Judge Rules Christie Broke Law By Cutting Pension Payments
By Donald C. Barbati on
Posted in Retiree Benefits
As reported by NJ.com, in a significant blow to Governor Chris Christie, a judge ruled today that the Governor broke a law he signed by cutting $1.57 billion from a pension payment this year, and must now work with state lawmakers to restore the money. The decision could blow a massive hole in the…