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100,000 New Jersey public workers could be partially furloughed to stave off,” drastic public-sector layoffs”

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the staff of the Ridgewood blog

Ridgewood NJ, 100,000 New Jersey public workers could be partially furloughed under plan proposed by state Senate .New Jersey would cut the hours and pay of 100,000 public workers under a plan unveiled Monday by state Senate President Stephen Sweeney. But public employees would be able to collect payments that would exceed their regular wages because of the recent expansion in unemployment benefits, he said.

Governor Murphy said last Friday ,”New Jersey’s tax revenues are “falling off the cliff,” Gov. Phil Murphy said at a Wednesday press briefing on the coronavirus pandemic.But it’s not yet clear exactly how far they’ve plunged.The state Department of Treasury released a new monthly revenue update Wednesday that, while a report on March revenues, actually is a reflection of February activity.”

The NJ Senate  proposal, which would have to be passed by the state Legislature and signed into law by the governor, would allow the state and local governments to save hundreds of millions of dollars by making workers take unemployment for several days a week over three months while also keeping their health benefits.

Sweeney, D-Gloucester, said his plan could stave off the drastic public-sector layoffs that the governor and local officials warn loom if tax revenues continue to plummet in response to the coronavirus crisis.

15 thoughts on “100,000 New Jersey public workers could be partially furloughed to stave off,” drastic public-sector layoffs”

  1. Nj unemployment offices are in free fall already

    Way to go .Jam another 100 K workers
    Into the UINJ PIPE ..Lets see what happens

    The political leaders should be first in line for 90 days to test these sharky waters .The NJ UNEMPLOYMENT IS ON A WAR FOOTING Already

    Way to go POLS ..another EPIC Fail

  2. Jackpot. More money in their pockets than working gets them.

  3. I don’t get it.
    .
    How could this happen when we crash the economy and make it illegal to go to work???
    .

  4. many will get more on unemployment

  5. wait till the pensions default

  6. when these pensions start to default this state is screwed , a lot of people are going to run out of here as soon as the lock down ends

  7. It’s amazing they Are telling everyone To stay home. Now they’re threatening everyone. Just great.

  8. What do you mean “when” the pensions start to default…
    It’s well underway…

  9. Guess what the federal government is stepping in.
    They will be printing money like never before.

  10. That’s 1/8 public sector workers only

  11. $70 billion in the pension funds. The pension piggies get more $10 billion a year already in defined benefit checks as the boomers hit… and That doesn’t even include their PAYGO (pay-as-you-go) “platinum” health benefits or huge unused sick leave payouts on early retirement.

    Unbelievable greed, negotiated in bad faith by unreasonable and conflicted actors, like Mayors who were either retired police captains, or mothers with sons trying to get hired by the local police department, all while they were negotiating new CBAs. The foxes have been running the henhouse for a long time. Now the scam is apparent for all to see as the chickens come home to roost.

  12. Greedy scum bags. I’d like to borrow a billion dollars for free and live off the interest.

  13. Covid-19 is also being called the “boomer remover”… Might be one way to stop this ongoing intergenerational theft from younger, salaried workers to retirees with assets, capital gains and dividend income? If not that, then the coming inflation which will deflate their assets and wealth.

  14. And also devalue China’s “investment” in US debt. No better way to punish the creators of the Wuhan Flu.

  15. The Taxpayers bailed out the Pigs in the Financial Industry after they collapsed the economy in 2008. Now it’s time for them to repay the taxpayers. Piggy Stock Brokers, Bankers and Retirement Fund managers have been lining their pockets with huge paychecks since the Stock Market increased in value from the market low of 6,547.05 in March 23,209 to a high of 29,551 on February 14, 2020. Time for those greedy pigs to repay the taxpayers NOW. The worst offenders are PIGGY Retirement Fund Managers who steal money form their clients without the client even knowing it. New Jersey should tax their income at 70% to repay the N.J. taxpayers for bailing them out.

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