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Christie: Unfavorable pension ruling won’t shut NJ

Local News | Jun 17, 2014

Christie: Unfavorable pension ruling won’t shut NJ

TRENTON, N.J. (AP) — Gov. Chris Christie says state government won’t shut down if a trial court judge rules New Jersey can’t skip a portion of its pension payment to balance the budget.

Appearing Monday on his monthly radio call-in program, Christie said the administration would appeal if a judge issues an unfavorable ruling.

Several unions sued the administration after Christie announced plans to skip $2.25 billion in pension system payments over the next two fiscal years.

The lawsuit addresses a $1.6 billion payment due this month. Christie says he’ll pay just $696 million because that’s all the state can afford.

The governor said on Townsquare Radio Network’s “Ask the Governor” show that he has no Plan B and that the trial court is unlikely to be the last word.

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