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New Jersey Governor Promises to Eliminate a Number of Boards and Commissions Where Political Appointees Are Able to Pad Their Public Pensions

Excerpt: Most, if not all, of [former governor] Corzine's hires will have no job in the new Republican administration. As board appointees, however, they can add service years toward a pension -- meaning they can earn credit toward the 10-year minimum to qualify, or increase their retirement payout if they're already vested. 'This is stuff that's been done by previous governors and previous administrations to keep their friends in the pension system in order to accumulate the number of years they need to get the maximum amount of payoff they can get from the taxpayers,' Christie said.

N.J. Still Paying Lobbyist Pensions

New Jersey taxpayers are still funding pension benefits for some well-paid lobbyists and dozens of other non-state employees even after a much-publicized overhaul of the public employee benefits system this summer.

With Many Choices Today for Retirement Plans, Do You Have the Right Plan?

An interesting perspective on pre-ERISA days. 'There have been many amendments to the ERISA legislation over the years. So, as the ad said, 'This is not your father's Oldsmobile.'