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New Jersey Gov. Christie's Budget Proposes Pension Overhaul
The Daily Journal; subscription may be requiredLink to more items from this source
Feb. 24, 2015

"The so-called Roadmap for Reform would freeze the existing pension plan and have the New Jersey Education Association [NJEA] take ownership of a new pension fund for educators. The state would be required by a constitutional amendment to fund its current obligations over the next 40 years. In exchange, the unions would agree to significant health care cost savings to offset the costs."

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