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New Jersey Unions Lining Up to Sue Over Reduced Pension Fund Contributions
Pensions & Investments 
June 10, 2014 "The lawsuits seek to block the governor's decision, announced May 20, to withhold a majority of the payments for the two fiscal years. The governor and the state Legislature had agreed several years ago that he would make the payments in return for legislation that, among other things, raised the retirement age for certain public employees and required employees to pay more for their pensions.... Three separate lawsuits have been filed[.]" MORE >> |
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