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January 22, 2016

State lawmakers concerned about the health of the public-employee pension system are hoping to ask voters this fall to write into New Jersey's constitution several new requirements related to funding it. One of the changes would be to require payments to be made on a quarterly basis instead of in one lump sum at the end of each fiscal year, which is the current practice.

A recent Fairleigh Dickinson University's PublicMind Poll indicates that 59 percent of respondents agree that the state should be making quarterly pension payments. But a little over a quarter of those who support the amendment would change their response if passing it would mean having to cut spending, and only 50 percent said they would continue to support it if tax hikes would be required to fund the larger payments.

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