O’Scanlon’s Pension Fix Has A Safety Valve
Assemblyman Declan O’Scanlon (R-Monmouth) outlines his plan to shore up New Jersey’s grossly underfunded public-employee pension system during a news conference held in the State House yesterday. Democratic leaders want the voters to decide this fall whether the state should make a series of hefty contributions to the underfunded public-employee pension system. But Assemblyman Declan O’Scanlon…
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Go Declan! The current crazy pension costs need to be fixed before everyone leaves NJ. The government is supposed to function for the citizens, and the services should be acquired at a fair market value in a free market system. The current system of political paybacks and above market compensation (e.g. Prevailing Wage rates near $100/hr) cheat the people that government is supposed to serve.