TRENTON, N.J. (AP) -- A commission convened by Gov. Chris Christie to look into the health benefits and pension liabilities for public employees reported Thursday that the costs threaten to put a $90 billion drain on New Jersey's future state budgets.
In 2011, State Sen. President Steve Sweeney (D-West Deptford) partnered with Gov. Chris Christie to usher through historic reforms to the public workers' pension and health benefits system. The political landscape in New Jersey has changed dramatically over the last three years. The governor is calling for more reforms, but Sweeney won't be in Christie's corner this time.
As the New Jersey Legislature prepares to return to work, Gov. Chris Christie is fixing his sights on two major issues - pension and benefits reforms for public sector workers and finding a dedicated funding source for the Transportation Trust Fund.
It’s’ got to be a kick in the stomach to learn that, if you’re in the state retirement system and banking on a certain amount of money upon retirement – it may not be there.
Borrowing from the fund, not paying it back in past administrations makes the guy in charge have to, in his words, “clean up this mess...
In his never ending quest to bring about pension reform, Governor Christie has taken to releasing a mock movie trailer urging the public and (hopefully) the Legislature to get behind his efforts to bring about real pension reform.
The mock movie is entitles “No Pain, No Gain,” and shows clips of the Governor in a series of town hall meetings discussing the issue; along with a clip of “The Rock” Dw
Senate President Steve Sweeney (D-West Deptford) said he hopes public employee labor unions are successful in their lawsuit to stop Gov. Chris Christie from slashing the state's pension payment in the current fiscal year. The case is set to be heard on June 25.