Posts tagged NJ Pension reform

BlogICON__theridgewoodblog.net

N.J. towns blame state for part-timers on pension rolls

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9 months ago
in
N.J. towns blame state for part-timers on pension rolls Part-time work for the New Jersey towns of Leonia, Saddle Brook and Elmwood Park helped attorney Brian Giblin rack up pension credits worth $33,143 a year, even after a 2007 state law made contractors like him ineligible. Giblin was among [...]
NJSupreme_court_theridgewoodblog.net

Move over, NJEA. The New Jersey Supreme Court is now Public Enemy No. 1

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9 months ago
in
Move over, NJEA. The New Jersey Supreme Court is now Public Enemy No. 1 Legislature hands down speedy verdict: Judges should pay Move over, NJEA. The New Jersey Supreme Court is now Public Enemy No. 1 and could remain so for the next few months. Infuriated by a Supreme Court ruling that the New [...]
BlogICON__theridgewoodblog.net

New Jersey cities abusing pension law may waste millions

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10 months ago
in
New Jersey cities abusing pension law may waste millions New Jersey local governments failed to remove hundreds of contractors such as lawyers and engineers from pension rolls, which may cost taxpayers millions of dollars a year in improper payouts, a state audit shows. Auditors identified 202 [...]
Ridgewood_Village_hall_theridgewoodblog.net

Will new accounting rules force NJ to put billions more into pension payments?

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11 months ago
in
Will new accounting rules force NJ to put billions more into pension payments? The national Government Accounting Standards Board is poised to approve new rules requiring pension systems to calculate their return on investment more conservatively. The change will require New Jersey to more than [...]
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