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Public workers pensions reform will save local governments and school boards millions of dollars each year
A new law requiring public workers to contribute more to their pensions will save area local governments and school boards more than $4 million in the first year, numbers released Thursday by the Governor’s Office show.
Statewide, the savings will total $43 million in fiscal 2012 and will reach a projected $43 billion over 30 years, a statement from the governor said. (Froonjian, Press of Atlantic City)
