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The New Jersey pension crisis | IN 60 SECONDS

February 15,2017

the staff of the Ridgewood blog

Ridgewood NJ, the New Jersey pension crisis in 60 seconds . Reader says ,” the unions rule NJ and the politicians are at their beck and call. They’re bankrupting the state and municipalities, and taxpayers get screwed at every turn. Benefits should be diminished big time, but the unions […]

By |February 15th, 2017|Bergen County|1 Comment

NJ Supreme Court Hands Teachers Union Huge Victory Denies Christie Request on Abbott Schools Ruling

February 1,2017

the staff of the Ridgewood blog

Newark NJ, in a statement from the Partnership for Educational Justice comments on the New Jersey Supreme Court’s denial of State motion to re-open Abbott v. Burke.

The New Jersey Supreme Court today denied the State’s September 2016 motion to re-open the decades-old school funding lawsuit, Abbott v. Burke. As […]

By |February 1st, 2017|Ridgewood Schools|2 Comments

Poor Children Deserve an Education too

 

January 17,2017

the staff of the Ridgewood blog

Ridgewood NJ, so who’s Afraid of Betsy DeVos? “Mrs. Devos’s Most Important Qualification is that She Has the Courage of Her Convictions”, in an editorial the Wall Street Journal attempts to answer the critics and make the case to provide poor children with better educational opportunities. We know the unions don’t […]

By |January 17th, 2017|Ridgewood Schools|1 Comment

3 Ways Politicians Play Politics With Public Employee Pensions

Rachel Greszler / December 21, 2016

State and local governments have promised an estimated $5.6 trillion in pension benefits that they cannot afford to pay. (Photo: iStock Photos)

COMMENTARY BY

Rachel Greszler

Rachel Greszler is a senior policy analyst in economics and entitlements at The Heritage Foundation’s Center for Data Analysis. Read her research.

Pensions are a huge part of […]

By |January 15th, 2017|Pension Crisis|2 Comments

New Jersey Ranked 43rd in, Best and Worst Run States in America Survey

43. New Jersey
Debt per capita: $7,378 (5th highest)
> 2015 Unemployment rate: 5.6% (tied-19th highest)
> Credit rating: A2/A-
> Poverty: 10.8% (8th lowest)
December 16,2016

the staff of the Ridgewood blog

Ridgewood NJ, New Jersey has among the smallest reserve funds of any state. According to analysis by the Pew Charitable Trusts, New Jersey would be able to operate just […]

By |December 16th, 2016|Trenton|0 Comments

Dallas Police and Fire Pension Board ends run on the bank, stops $154M in withdrawals

FILED UNDER DALLAS CITY HALL

The Dallas Police and Fire Pension System’s Board of Trustees suspended lump-sum withdrawals from the pension fund Thursday, staving off a possible restraining order and stopping $154 million in withdrawal requests.

The system was set to pay out the weekly requests Friday. Pension officials said allowing the withdrawals would leave them without […]

By |December 9th, 2016|Pension Crisis|0 Comments

Activist Who Filed Complaint Against Christie to Run for NJ Governor

By Alyana Alfaro • 12/05/16 4:45pm

Last week, former firefighter Bill Brennan made headlines for his appearance in court as he attempted to get a Bergen County judge to appoint a special prosecutor to investigate an official misconduct complaint filed against New Jersey Governor Chris Christie for his role in the Bridgegate lane closures. While the […]

By |December 7th, 2016|Trenton|5 Comments

Port Authority employees get paid overtime to nap on the job

By Susan Edelman

November 26, 2016 | 11:18pm

Modal TriggerPATH employees sleep on the job in the locker room at the rail system’s consolidated shop in Jersey City.

PATH workers are snoozing away huge chunks of their regular shifts, using nap time to rack up big overtime pay, The Post has learned.

“Everybody sleeps,” an insider said. “Guys make […]

By |November 27th, 2016|commuters|1 Comment

Bergen Democrats Unanimously Supported the Gas Tax Hike !

 

November 7,2016

the staff of the Ridgewood blog

Ridgewood NJ, Locally Bergen County Republicans were united in OPPOSITION to the new 23 cent a gallon gasoline tax hike (plus annual increases). But Bergen’s Democrats SUPPORTED the TAX HIKE just as unanimously!

And the only way to stop similar ripoffs here in Bergen County is to support the Republican […]

By |November 7th, 2016|2016|1 Comment

Will N.J. voter anger over gas tax hike sink transportation ballot question?

By Samantha Marcus | NJ Advance Media for NJ.com
on November 02, 2016 at 11:30 AM, updated November 02, 2016 at 4:23 PM

TRENTON — Now that New Jersey’s new 23-cent gas tax increase is on the books, a ballot question asking voters to dedicate the billions of dollars in new revenue to transportation projects is suddenly […]

By |November 3rd, 2016|2016|4 Comments