New Jersey Governor Christie calls for pension reform

New Jersey Governor Christie speaks to residents during the 110th Town Hall Meeting in Middletown TownshipBy Hilary Russ TRENTON, New Jersey (Reuters) – New Jersey Governor Chris Christie called for a new round of public pension reform in his fifth state budget proposal on Tuesday but provided no details, while opposition Democrats rejected the idea. New Jersey must make a $2.25 billion payment to its pension system in fiscal 2015, which begins July 1, the largest such payment in the state’s history.

Share this article