New Jersey bill passed to give more pension incentives to early teacher retirees

In New Jersey, a new bill passed that would give more pension incentives to teachers who retired early.

On June 26, New Jersey lawmakers passed a new controversial bill that will give teachers and other school district employees in Camden pension incentives to consider an early retirement, The Star-Ledger reported.

Read more… New Jersey bill passed to give more pension incentives to early teacher retirees

NJ governor doesn’t want state to end up like Detroit

New Jersey public workers and retirees could see lower pension funding from the state.

New Jersey Gov. Chris Christie recently said on NJ 101.5′s “Ask the Governor” radio program that he didn’t want the state to face the same fate as Detroit.

Read more… NJ governor doesn’t want state to end up like Detroit

New Jersey pension board declines to look into Gov. Christie’s proposed cuts

The New Jersey pension board declined to investigate Gov. Christie's plans to make two cuts to the teacher's budgets.

In Trenton, New Jersey, the board of the Teacher’s Pensions and Annuity Fund voted 2-2 on the proposal to hire outside help to investigate Gov. Chris Christie’s decision to cut money from the pensions to help with a budget crisis.

Read more… New Jersey pension board declines to look into Gov. Christie’s proposed cuts