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Former Gov. Tom Kean: Christie must confront N.J. pension crisis, report says

Governor Chris Christie and former Governor Tom Kean Sr celebrate the first annual Livingston Day, April 11, 2013. Photo by Tim Larsen/Governor's Office

Governor Chris Christie and former Governor Tom Kean Sr celebrate the first annual Livingston Day, April 11, 2013. Photo by Tim Larsen/Governor’s Office

TRENTON — Former Jersey Gov. Tom Kean had strong words of warning about Gov. Chris Christie’s recent lack of progress in solving the state’s pension crisis, but said the Republican governor shouldn’t be counted out of the 2016 race for the White House. Visiting St. Petersburg, Fla., to give the commencement address at Eckerd College on… Read the rest of this entry »

Posted: May 12th, 2015 | Author: | Filed under: 2016 Presidential Politics, Chris Christie, New Jersey State Budget, Pensions, Tom Kean Sr | Tags: , , , , , , , | Comments Off on Former Gov. Tom Kean: Christie must confront N.J. pension crisis, report says

Supreme Court Hears Oral Arguments about Payments to Public-Worker Pensions

RabnerIt was just four years ago that Gov. Chris Christie and Democrats in the Legislature struck a deal on a bipartisan plan to address years of underfunding the public-employee pension system. The legislation mandated increased contributions into the system from both from the state and its workers.… Read the rest of this entry »

Posted: May 7th, 2015 | Author: | Filed under: Christie Administration, New Jersey, New Jersey State Budget, NJ Constitution, NJ Courts, NJ Judiciary, NJ Supreme Court | Tags: , , , | 1 Comment »

N.J. lawmakers warn of ‘draconian’ budget cuts after judge’s pension decision

assetContent (32)TRENTON — New Jersey lawmakers warned of potential “draconian” budget cuts to come up with $1.57 billion if the state is forced to make a full pension payment this year. A state Superior Court judge ruled today that unions are entitled to that payment as part of a 2011 pension overhaul law passed by the Democratic-led… Read the rest of this entry »

Posted: February 24th, 2015 | Author: | Filed under: Chris Christie, New Jersey, New Jersey State Budget, NJ Judiciary, NJ State Legislature, Pensions | Tags: , , , , , | Comments Off on N.J. lawmakers warn of ‘draconian’ budget cuts after judge’s pension decision

Judge rules Christie must restore $1.5B cut to pension payments in N.J. budget

Christie decries pension ruling as ‘liberal judicial activism’

assetContent (44)TRENTON — In a blow to Gov. Chris Christie a day before he reveals his latest state budget proposal, a state judge ruled today that the governor must restore a $1.57 billion cut he made to public worker pension payments in New Jersey’s current budget. Superior Court Judge Mary Jacobson sided with a group of public… Read the rest of this entry »

Posted: February 23rd, 2015 | Author: | Filed under: Chris Christie, Christie Administration, New Jersey State Budget, News, NJ Courts, NJ Judiciary | Tags: , , , | 4 Comments »