Union Leaders React to Christie Reform Proposals

Last week, New Jersey Gov. Chris Christie unveiled a series of pension proposals that include freezing the current pension system for active employees and shifting them into a hybrid cash balance plan. Throughout the week, union leaders publicly expressed their thoughts on the proposals. Public safety unions weighed in, from NJ.com: Patrick Colligan, ...

Think Tank: New Jersey Pension Benefits Aren’t That Lucrative

One of the criticisms leveled at New Jersey and its underfunded pension system – and one of the main justifications used to cuts in worker benefits – is that New Jersey’s public employees receive more generous pension benefits than their peers in other states. But a left-leaning think tank released a report Wednesday that cast doubt on the generosity ...
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