Time for NJ to eliminate public workers pension systems – Watch
With the news that 3 public worker pension systems are suing the state for billions of dollars, is it time to reformulate the entire pension system?
It is time to face reality. The state does not have the money to afford this business model any longer. Whether it is state workers, municipal workers or teachers, they need to switch the system. New Jersey has too much of a financial deficit as it is to keep paying into the pension systems.
See why now is the time to change that flawed system in the video above.