In New Jersey, school districts pay the salaries of their teachers, but it’s the state that picks up the costs of their retirements. Cities and towns, meanwhile, cover their employees’ salaries as well as their retirement costs. That split responsibility is at the heart of one of the core elements of theā¦ Read the rest of this entry »
Posted: March 2nd, 2015 | Author: admin | Filed under: Chris Christie, Christie Administration, Pensions | Tags: Chris Christie, NJ State Budget, Pension reform, Property Taxes, Teachers Pensions | 3 Comments »