April 13, 2015
By LaborPress
The New Jersey Supreme Court agreed Apr. 6 to hear the Christie administration's appeal of a lower-court ruling that it illegally cut payments to the state workers' pension system. State Superior Court Judge Mary Jacobson ruled in February that the state, which promised to increase payments into the system in 2011, had broken the law when it paid less than half the $3 billion it owed.
The administration argued that she had "fabricated a constitutional entitlement to pension funding for State employees." A spokesperson for the New Jersey Education Association called the decision "very welcome news,” because "every day of delay in deciding these funding decisions puts the pension system in a deeper hole.” Oral arguments are scheduled for May 6. Read more
