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Pension Commission Calls for New Jersey Public Worker Health Care Cuts
NJ.com
Feb. 12, 2016 "The proposal calls for freezing the pension system and moving active public employees onto a cash balance retirement plan, but it hinges largely on reducing health care costs to free up cash.... The commission argues pension and health benefits need to be rethought to prevent them from swallowing 27 percent of the state's annual budget by 2022.... This year, it's 14.3 percent." MORE >> |
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