:::: MENU ::::

Christie renews call for pension system reforms

Local News | Apr 22, 2014

Christie renews call for pension system reforms

TRENTON, N.J. (AP) — Gov. Chris Christie is renewing his calls for state lawmakers to enhance pension reforms.

Speaking Monday on his monthly Townsquare radio network show, the governor noted that in the 2015 fiscal year, the state expects to pay more for retiree benefits than it will for benefits earned by active employees.

Citing the bankruptcy filing made last year by Detroit as an example, Christie said the state’s spending on benefits was simply “not sustainable.”

In a related matter, Christie said that he and Assembly Speaker Vincent Prieto have been discussing proposals that would limit property tax increases by limiting raises to some police and firefighters.

Comments

comments