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Steve Sweeney and Chris Christie
Steve Sweeney and Chris Christie (Governor's Office/Tim Larsen)
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NJ Sen Prez Threatens Government Shut down [AUDIO]

This year could see a repeat of 2006 when New Jersey's state government operations shut down because a budget deal wasn't reached by the constitutionally mandated midnight June 30 deadline.

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judges gavel
Joe Raedle, Getty Images
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Lawyers Argue over State Pension Increases

Lawyers for retired New Jersey public employees made their pitch to a three-judge appeals panel Tuesday that the state government broke the law when it took away pensioners' automatic cost-of-living increases in 2011.

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Category: Latest News, New Jersey Tags:
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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Do you have a prison record and can't get a job?
Flickr User mikecogh
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NJ Senators Aim to Ensure Prisoners Don’t Collect Unemployment [AUDIO]

Late last month, State Comptroller Matt Boxer released an audit that identified more than $23 million in benefit payments made to or on behalf of prison inmates who did not appear to be entitled to such payments.

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Flickr User Miss_Millions
Flickr User Miss_Millions
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Your Tax Dollars Going to Prison Inmates for Government Benefits [AUDIO]

Just when you thought you've already heard every conceivable way the state can abuse your tax dollars comes a new audit from the Office of the State Comptroller (OSC).

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money
Townsquare Media
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Bill Would Prevent Double-Dipping Among Retired School Administrators [AUDIO]

Retired school administrators who return to public employment would no longer be able to continue to collect their retirement benefits in addition to their salaries under a bill that's been introduced by Assemblyman Ralph Caputo.

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Money
Flickr User Keith Ramsey
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NJ Pension System Still Under Funded

New Jersey State Treasurer Andrew Eristoff is testifying before the Assembly Budget Committee today in Trenton. Members are asking a wide range of questions including how the state’s pension system for public employees is doing. The system is still vastly under-funded, but Eristoff is still upbeat.

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Governor's Office/Tim Larsen
Governor's Office/Tim Larsen
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Christie Versus Buono On Pension And Health Benefits Reform [AUDIO]

The public employee pension and health benefit reforms enacted in 2011 will be a major issue in this year's gubernatorial campaign in New Jersey.

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Stacy Proebstle, Townsquare Media
Stacy Proebstle, Townsquare Media
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NJ Lawmakers Wants To Stop Gambling With Public Sector Retirement Funds [AUDIO]

New Jersey State Senator Shirley Turner is accusing state officials of playing roulette with public sector worker's retirement money by placing dangerous investment bets on high risk hedge funds.

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Getty Images
Getty Images
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NJ Appeals Court Won’t Block Pension Ruling

Another legal setback for the Christie administration to make New Jersey judges pay more for their health and retirement benefits.

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