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|A Roadmap to Resolution of New Jersey's Pension Funding Problem (PDF)|
New Jersey Pension and Health Benefit Study Commission
Feb. 24, 2015
52 pages. "The approach outlined in this Report involves the following steps:  Freeze the existing pension plans...  Align future public employee retirement benefits with private-sector levels ...  Also align public employee health benefits with private-sector levels ...  Fairly realign State and local responsibility for new and sustainable pension and health benefits ...  Lock in fixed and certain pension funding with a constitutional amendment ...  Transfer the assets, liabilities and risks of the existing pension and new retirement plans to employee entities willing and able to assume this obligation[.]"
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