By Mark Lagerkvist | New Jersey Watchdog
New Jersey’s three largest pension funds are suing Gov. Chris Christie and his administration for failing to make payments to the state retirement system as required by statute.
Filed Wednesday in Mercer County Superior Court, the lawsuit is the latest conflict in the wake of Christie’s decision last June to […]
Lawmakers and governor-elect Tom Wolf will head into next year’s budget process with lots of new obligations to fulfill and little excess revenue with which to do it.Read More →
The bad news keeps getting worse: New Jersey’s public retirement system faces a $170 billion deficit for pensions and health benefits for government retirees, according to the latest official figures from the state Treasury.Read More →
Colorado’s schools and governments have about $10 billion in hidden pension and health-care benefit liability, a “sinkhole” that could cost many individual taxpayers $10,000 or more to fill, a report from the Chicago-based nonprofit Truth in Accounting found.Read More →
Since 2012, Mississippi Republicans have been in charge of both houses of the Legislature and the governor’s seat.Read More →
Cities and states across the country are facing a difficult financial future because of growing pension obligations.Read More →