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Putting a Number on Restoring COLAs for New Jersey Pensions
Burypensions Blog 
June 26, 2014
"The virtual elimination of cost-of-living adjustments (COLAs) for New Jersey retirees was the linchpin of the 2011 reforms.... Now that COLAs have been ruled to be a contractual right how much will it cost to make retirees whole? Extrapolating from official proclamations of savings it would be about $100 billion in contributions over 30 years if the plan had another 30 years of existence. It doesn't."
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