Finance

New Jersey's 2011 Pension Reform Spurs Savings

While local pension costs will grow in the new state budget, the bill would be $540 million higher without reforms that forced public employees to pick up a greater share of the pension costs and stopped cost of living adjustment for retirees.
April 15, 2013
 

While local pension costs will grow in the new state budget, the bill would be $540 million higher without reforms that forced public employees to pick up a greater share of the pension costs and stopped cost of living adjustment for retirees.

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