N.J. Union Members Tell Christie to Back Off $2.43 Billion Pension Raid

May 23, 2014

In 2011, New Jersey Gov. Chris Christie (R) and the state legislature struck a deal to strengthen the state’s pension system. Workers would pay more into the fund and Christie promised the state would make higher payments into the underfunded pension plan through 2018. The workers have kept their end of the deal, but this week Christie broke his promise with an announcement that he will withhold two due payments totaling $2.43 billion.

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