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(Perfoto/ThinkStock)
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NJ police, fire unions divided as some push to take over pension management

Leaders of the state’s largest public-safety unions are pushing a plan to shift control of their pension fund investments to a union-dominated board, rather than the state.

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Senate President Stephen Sweeney discusses pension investments. He is joined by Sen. Dawn Marie Addiego and Assemblyman Adam Taliaferro. (Michael Symons/Townsquare Media NJ)
Senate President Stephen Sweeney discusses pension investments. He is joined by Sen. Dawn Marie Addiego and Assemblyman Adam Taliaferro. (Michael Symons/Townsquare Media NJ)
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NJ gas tax could be used to prop up public pension system

The Transportation Trust Fund will need to borrow billions. Some lawmakers think New Jersey's pensions should provide it, so they can benefit from the interest.

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Kim Guadagno joins Bill Spadea for #DigginInWithKim (Louis C. Hochman | Townsquare Media)
Kim Guadagno joins Bill Spadea for #DigginInWithKim (Louis C. Hochman | Townsquare Media)
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Guadagno: ‘Am I now speaking out loudly? Yes.’

Gov. Chris Christie and Lt. Gov. Kim Guadagno concur: They disagree, sometimes forcefully, and people are hearing about it more now because she might run for governor.

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Unanimous lawmakers send Christie plan for quarterly pension payments

Lawmakers gave quick, unanimous approval Monday to a plan to require the state to make more frequent payments into public workers’ pension funds.

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Union members rally in favor of a vote on a pension funding constitutional amendment, on Aug. 1, 2016. (Michael Symons/Townsquare Media NJ)
Union members rally in favor of a vote on a pension funding constitutional amendment, on Aug. 1, 2016. (Michael Symons/Townsquare Media NJ)
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Sweeney — This time, I can get Christie on board with pension fund payments

If the bill is enacted, it seems unlikely the Senate would vote to propose a constitutional amendment guaranteeing pension contributions be made quarterly.

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money (hynci, ThinkStock)
ThinkStock
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NJ pension system is the worst-funded in the nation, report says

New Jersey falls to the bottom in new Bloomberg report for worst-funded government worker pension system in the U.S.

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Trenton State House
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NJ pension shortfall amounts to $26,000 for every resident, group claims

Don’t like the idea of New Jersey's pension funds being almost $80 billion behind? A new report has an even more startling, incomprehensible number: $235 billion.

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Flying Money (Dollar) (selensergen, ThinkStock)
selensergen, ThinkStock
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$59.4K per taxpayer: NJ government debt burden highest in the nation

New Jersey is getting better about divulging its tops-in-the-nation debt burden but still isn’t entirely up front about the depth of that hole, says a think tank report.

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Union members rally in favor of a vote on a pension funding constitutional amendment, on Aug. 1, 2016. (Michael Symons/Townsquare Media NJ)
Union members rally in favor of a vote on a pension funding constitutional amendment, on Aug. 1, 2016. (Michael Symons/Townsquare Media NJ)
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Pension amendment hangs in balance as gas tax deal remains elusive

Senators are still trying to line up votes for the Transportation Trust Fund's gas tax hike. Without them, a deadline for a pension funding amendment may pass.

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NJ still has dozens of corruption convicts getting public pensions

A decade after lawmakers voted to strip pensions from public officials convicted of corruption, more than $1 million a year is still being paid to them.

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