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$46 Billion

The amount of New Jersey's pension gap for public-sector employees. In addition to stock market losses, workers in the system have increased 20 percent in the...

The amount of New Jersey's pension gap for public-sector employees. In addition to stock market losses, workers in the system have increased 20 percent in the past decade, while retirees have increased 43 percent. As a result, the state has instituted new austerity measures in its pension and benefits programs.