According to an article published in NJ Spotlight, New Jersey’s public-employee pension fund investments generated returns totaling 9.06% for fiscal year 2018. Some of the investments that were credited for lifting the fund’s overall performance included U.S. equities and real-estate holdings.

The NJ pension system covers the retirements of approximately 800,000 current and retired public

As reported in Northjersey.com, the Murphy Administration has reached a health care deal with the state’s public workers’ unions that is expected to yield approximately $500 million in savings over the next two years. The pact directs union members and retirees to utilize “in-network doctors” and “generic prescription drugs”, according to a report by the

As reported in multiple news sources, the current New Jersey State budget signed into law by Governor Philip Murphy increased state spending by more than one billion dollars and a large portion of that increase is going to the state’s grossly underfunded public-employee pension system.

The new budget adds $700 million to what the state

As reported in the NJ Observer, public employees frozen out of their jobs during the three-day government shutdown would receive back pay under a bill that passed the state Senate in a 31-0 vote Thursday.

Gov. Chris Christie has said he would sign the back-pay legislation, should it pass the Assembly. The bill was introduced

Coins falling into jam jar labelled pension.

As reported by N.J.com, furious after watching pension investment fees triple over the last three years even as their funds lost value, police and firefighter union leaders are seeking to wrest control of their underfunded pensions from the state.

As Gov. Chris Christie is set to deliver his final budget address, state Senate President

Pension Crisis

As reported by JT Aregood from the New Jersey Observer, just months after Senate President Steve Sweeney declined to post a bill that would have effected the change with a voter-approved constitutional amendment, Democratic lawmakers in New Jersey passed a plan to require the state to make payments into its underfunded public pension system

On Strike

As reported by the New Jersey Law Journal, Republican New Jersey Gov. Chris Christie on Nov. 14 vetoed legislation that would have broadened the ability of striking workers to collect unemployment benefits while they were off the job.

In his veto message to S2160, Christie said it was bad enough that the state’s current

As reported by NJ.com, a referendum to amend the New Jersey Constitution to require the State to make contributions to public worker pensions cleared the State Assembly Judiciary Committee on Thursday during a discussion that drew sharp criticism from a Republican lawmaker.

Assemblywoman Holly Schepisi (R-Bergen) faulted Democrats for pushing the legislation through without