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Moody's calls the NJ pension decision a negative development. (Scott Eells/Bloomberg/Getty Images)
Moody's calls the NJ pension decision a negative development. (Scott Eells/Bloomberg/Getty Images)
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Moody’s calls pension decision a negative development

TRENTON, N.J. (AP) -- A credit rating agency says a judge's ruling this week that Gov. Chris Christie and lawmakers must work together to pay more into public-sector pensions is a negative development.

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Pile of Money
Ingram Publishing, Thinkstock
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Possible solution to cash-strapped pension fund could hurt municipalities

Could a solution be found soon to fund New Jersey's cash-strapped pension fund?

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Chris Christie
New Jersey Gov. Chris Christie pauses while speaking in Camden Dec. 2. (AP Photo/Mel Evans, File)
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Judge says Christie could have done more on pension funding

A judge weighing whether she has the power to force Gov. Chris Christie and the Legislature to make promised payments to public employee pension funds seemed on Thursday to reject a state administration lawyer's argument that there was no way to make the payments.

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Steve Sweeney and Chris Christie
Steve Sweeney and Chris Christie (Governor's Office, Tim Larsen)
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Pension reform battle brewing in NJ

Funding New Jersey's public employees' pension system could be the first major fight in 2015 and it will likely pit long-time allies against one another. Gov. Chris Christie is calling for new reform, but state Sen. President Steve Sweeney (D-West Deptford) has drawn a line in the sand and said he will support further reform.

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Pile of Money
Ingram Publishing, Thinkstock
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New Jersey sells 1 pension fund investment

New Jersey has sold its pension fund investment in a venture capital firm that has connections to a Massachusetts gubernatorial candidate.

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RS2397_126989085-300x200
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Labor group complains about New Jersey investments

A labor group filed an ethics complaint Friday claiming it was improper that the man who oversees investments of New Jersey's pension funds was also involved in Gov. Chris Christie's re-election campaign.

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Pile of Money
Ingram Publishing, Thinkstock
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Christie confident Sweeney will compromise on cuts

Gov. Chris Christie says he thinks Senate President Steve Sweeney is open to working with him on new pension and benefits cuts.

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Governor Christie in Ocean City
Governor Christie in Ocean City (Townsquare Media NJ)
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Christie continues push for benefit changes

The "No Pain, No Gain" message was carried out once again by Gov. Chris Christie, who brought his town hall tour to Ocean City on Thursday.

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CWA Protest
CWA Protest in Trenton on June 12, 2014 (Kevin McArdle, Townsquare Media NJ)
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Unions update lawsuits over NJ pensions

A group of public workers unions have revised their lawsuits aimed at trying to compel New Jersey Gov. Chris Christie to put pay more into pension funds.

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Gov. Christie announces plan to deal with budget
Gov. Christie announces plan to deal with budget (Gov Office)
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Judge approves Christie’s pension cuts [AUDIO]

Superior Court Judge Mary Jacobson ruled Wednesday in favor of Gov. Chris Christie in a lawsuit seeking to stop him from slashing this fiscal year's payment into the public employees' pension fund.

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