pensions

The pension funds ended May with a value of $91.5 billion, down by $10 billion since last August.

Cost-of-living adjustments were suspended in 2011 and won't return for many years, even with full contributions. But restoring them now costs $3.6 billion.

Mostly dormant for over a decade, a proposal to restore cost-of-living adjustments to pension that were axed in 2011 has added 24 sponsors since February.

A Garden State Initiative report says the number of retirees exceeds current workers in the police and fire pension and is getting close in other funds.

An annual report from the think tank Truth in Accounting finds New Jersey's long-term debt, pension and health-benefits bills amount to $58,300 per taxpayer.

The Prosecutors Part of the PERS system would be reopened, enhancing retirement pay for state deputy attorneys general and assistant county prosecutors.

More police officers and firefighters would be eligible for pensions after 20 years on the job, regardless of their age, under a bill moving in Trenton.

With Sweeney and Murphy unlikely to agree on pension reforms, voters may be asked to decide

Pension fund investments grew more than 6%, but higher growth is assumed. Any impact on government pension contributions won't be felt for another year.

The agenda is a mix of business ideas, a modified version of Gov. Phil Murphy’s economic plan and the 'Path to Progress' of Senate President Steve Sweeney.