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Budget hearing
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Chris Christie’s presidential prospects and the New Jersey budget

Fully funding transportation projects and the public employees' pension and health benefits system would cost New Jersey billions of dollars and the state simply doesn't have that kind of cash. Raising the revenue would be all but impossible without tax increases and that's where presidential politics come into play with regard to the Fiscal Year 2016 State budget.

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Gov. Chris Christie speaks during the Conservative Political Action Conference (CPAC) in National Harbor, Md
Gov. Chris Christie speaks during the Conservative Political Action Conference (CPAC) in National Harbor, Md
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Firm whose boss gave to Christie-led group gets investment

TRENTON, N.J. (AP) -- The board that oversees New Jersey's nearly $80 billion public pension fund is moving ahead with an investment of up to $100 million in a private equity firm whose chairman gave millions to a political group once headed by Gov. Chris Christie.

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Category: New Jersey News Tags:
Gov. Chris Christie speaks during a town hall meeting in LBI (David Matthau, Townsquare Media NJ)
Gov. Chris Christie speaks during a town hall meeting in LBI (David Matthau, Townsquare Media NJ)
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Christie kicks off ‘No Pain, No Gain’ campaign in LBI

New Jersey Gov. Chris Christie has kicked off the first in a series of planned "No Pain, No Gain" mini-town hall meetings, designed to build support for his call to lower public worker pension and benefit costs.

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State Senate President Steve Sweeney in the New Jersey 101.5 studios. (Annette Petriccione, Townsquare Media)
State Senate President Steve Sweeney in the New Jersey 101.5 studios. (Annette Petriccione, Townsquare Media)
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Sweeney defends tax increases as NJ budget solution

State Senate President Steve Sweeney will be Eric Scott's guest on New Jersey 101.5 FM Monday morning, from 8 to 9 a.m., as Eric sits in for the vacationing Jim Gearhart.

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Money
Flickr User Keith Ramsey
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NJ Pension System Underfunded by $172 Billion [AUDIO]

The pension system for New Jersey's public employees is dramatically underfunded.  A new study released by State Budget Solutions reveals New Jersey's pension plan is currently funded at just 33 percent.

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Money
Flickr User Keith Ramsey
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NJ’s Pension Shortfall Grows

A new report shows the retirement funds for New Jersey state troopers, local police and firefighters and public workers lost ground in the first year workers were required to pay more toward their pensions.

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Money Stack
Flickr Member forwardstl
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NJ Public Pension Cash Protections Advance

A three bill package aimed at enforcing safeguards against excessive investing and pay-to-play for investments made with public pension funds was released this morning by an Assembly Panel. Assembly Democrats Ralph Caputo and Ruben Ramos sponsor the package.

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100k Reitrement Club in NJ
FBI/Newsmakers/Getty Images
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The NJ 100K Retirement Club [LIST]

Want something to make your blood boil even more about living in the great Garden State? Check out the list NJwatchdog.org has put together of the group of state workers that have retired with more than 100k in retirement pensions.

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Retirement
Flickr User 401K
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More Waste And Abuse In NJ’s Pension System [AUDIO]

Its another example of New Jersey taxpayers paying for pension waste and abuse.

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