file photo
Governor Christie comes to Parsippany for announcement on pension reform
AUGUST 13, 2014 LAST UPDATED: WEDNESDAY, AUGUST 13, 2014, 12:31 AM
PARSIPPANY LIFE
On Friday, Aug. 1, Governor Chris Christie came to Parsippany to sign Executive Order 161, creating a non-partisan “New Jersey Pension and Health Benefit Study Commission” at Town Hall in Parsippany. No explanation was given for his choosing the mainly Republican-run Parsippany as the location for this event.
According to a release from Christie’s office, a panel of experts is tasked with thinking big and being bold when it comes to developing recommendations for how New Jersey can create a sustainable retirement and health benefits system. The Commission’s charge is to think long term and outside of the box when it comes combating these ever-growing entitlement costs.
The Study Commission will review:
The history of the state’s pension and health benefit systems to understand what has led to the current crisis
The soon-to-be-completed Department of the Treasury’s Division of Pensions and Benefits’ exhaustive review of potential public employee entitlement reform proposals
Reforms proposed and enacted by other states or government entities
Pension and health benefits provided in the private sector
Other factors it deems relevant to develop recommendations regarding reform that will lead to the systems being in better financial shape with less cost to the taxpayers while providing public employees and retirees with an appropriate level of benefits
The Commission will report its initial findings and recommendations to the governor within 30 days.
– See more at: https://www.northjersey.com/news/nj-state-news/nj-governor-s-office/christie-comes-to-parsippany-for-announcement-on-pension-reform-the-governor-1.1066464#sthash.UMzUhkvz.dpuf
no one’s tax’s are going down. it’s all a big bull shit scam.
And James says my comments are bad.
Fat cat union members and their employer contributions are going up for pensions & healthcare, minimum retirement ages will get raised back to their original minimums or higher, accumulated leave policy will get changed with reductions in the amount of paid annual leave back to 15 days a year instead of 30, and all new employees will be moved to defined contribution plans after they rewrite state law… can’t raise taxes anymore, they’re already the highest state + local taxes in the country. #1 just wants taxes to go up to fund the black hole gravy train he rides on at the expense of hard working Americans.