N.J. Supreme Court hands Christie big win on pension COLAs
TRENTON — The state Supreme Court on Thursday upheld a landmark 2011 law freezing cost-of-living adjustments for retired government workers, a decision that will slowly erode the value of pensions paid to 800,000 current and former public employees. The 6-1 ruling is a major legal victory for Gov. Chris Christie’s administration, which warned that restoring the… Read the rest of this entry »