the staff of the Ridgewood blog
Ridgewood NJ, Governor Murphy once again plays games with the New Jersey pension funds . At stake are benefit payments to nearly 800,000 active and retired state and local workers.
For years, New Jersey had over inflated its assumption on returns on public pension fund investments ,but in the waning days of the Christie administration the NJ Department of treasury moved to face reality.
Continue reading NJ State Pensions Continue to Take Hits