Earlier this week, New Jersey Senate President Stephen Sweeney introduced legislation that would lock the state’s annual pension funding requirement into the state constitution.
In this video, above, Chris Christie reacts to the news; it broke as Christie was doing his weekly radio show.
Christie touches on two things: the concept of constitutionally requiring the state to make annual pension payments, and breaking those contributions into quarterly payments.
The proposal was approved by a Senate committee on Thursday.
Photo by Bob Jagendorf from Manalapan, NJ, USA (NJ Governor Chris Christie) [CC BY 2.0 (http://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons
h/t Bury Pensions
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