As the economy continues its slow-motion recovery, many Garden State residents are using their entire salaries for day-to-day expenses, and ignoring saving for retirement.
A new survey reveals that four in 10 New Jersey residents are living paycheck to paycheck, and 43 percent say they have had to cut back to make ends meet.
A research report by the Pew Charitable Trusts says younger baby boomers and Generation Xers face an uncertain retirement because of reduced savings, high levels of debt, and losses during the Great Recession.
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.