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Treasurer Says NJ Will Make $506 Million Payment to Pension Fund

By Donald C. Barbati on April 4, 2011
Posted in Uncategorized

As reported by nj.com, New Jersey’s top fiscal officer says the State will make a half-billion dollar payment to the pension fund when the law requires. Governor Chris Christie has proposed paying the $506 million early, but only if the Legislature agrees to raise the retirement age and require workers to pay more …

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Frank M. Crivelli is a shareholder in the law firm of Crivelli, Barbati & DeRose, L.L.C. His primary practice revolves around the representation of public employee labor unions in various capacities to include contract negotiation, unfair labor practice litigation, contract grievance arbitration, and other diverse issues that are litigated before state and federal trial courts, appellate courts, and administrative tribunals throughout the State of New Jersey

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