Pension

The pension fund continues to be a hot topic in New Jersey.

A bill giving pay raises to members of Gov. Chris Christie's cabinet and tweaking the pension law to benefit some elected officials stalled Monday as it was set to be debated publicly for the first time.

In late July on Townsquare Media’s monthly ‘Ask the Governor’ program, New Jersey Gov, Chris Christie vowed to issue an Executive Order creating the Pension Fraud and Abuse Unit to ferret out pension and disability fraud and ineligibility. Christie has now officially done that.

A new report shows the retirement funds for New Jersey state troopers, local police and firefighters and public workers lost ground in the first year workers were required to pay more toward their pensions.

The State Supreme Court ruled that judges do not have to pay more for the pensions and health benefits.

New Jersey's Supreme Court is expected to rule Tuesday on a challenge to a law that requires judges to contribute more to their pensions and health insurance.

A state pension plan is considered healthy if its 80% funded. A new report from the Pew Center on the States finds many are not, including New Jersey.

Governor Christie is furious after a state judge ruled members of the judiciary should not be forced to contribute more for their pension and health benefits. During a news conference at the statehouse, Christie said this is question of whether judges should be treated like every other public employee, or "as a special class of privileged citizens who don't have to pay their fair share... Rea