Gov. Chris Christie recently said what every governor across the country is secretly thinking: Without reform, public sector pension costs will crush state budgets. In fact, the true value of public ...

New Jersey’s public-pension plans need fixing. As a report authored by one of us for the Garden State Initiative describes, increased benefits, subpar investment performance, and the state ...

The leader of the nation’s largest city, Mayor Zohran Mamdani, has proposed delaying pension contributions to help plug a hole in New York city’s billion-dollar deficit. The proposal would make ...

The New Jersey Division of Investment, which manages the state’s seven pension systems that hold a combined $84.4 billion in assets, is inviting qualified emerging private equity managers to meet with ...

March 5 (Reuters) - New Jersey's public pension shortfall grew in fiscal 2012, when the gap for its state and local retirement plans widened by nearly $5.5 billion, or 13 percent, to $47.2 billion ...

Putting all NJEA members back into the first tier of the pension system was always a big ask. But the teachers union’s “pension justice” campaign to roll back the benefit cutbacks over the last 19 ...

New Jersey's teachers' pension fund has less than 46 cents set aside for every dollar it owes retired teachers, and its liabilities grow by roughly $2 billion a year no matter what the state ...