Sweeney's bold play could trump Christie on N.J. pensions - Health Professionals & Allied Employees

Sweeney’s bold play could trump Christie on N.J. pensions

From NJ Advance Media for NJ.com , December 8, 2015

TRENTON — State Senate President Stephen Sweeney introduced legislation Monday that would cement state officials’ promises to fund government workers’ pensions in the New Jersey constitution.

Read the New Jersey AFL-CIO’s Statement in Support of Sweeney’s Proposal

Such a constitutional amendment requiring the state to make payments into the public retirement fund was expected to be the next step after the state Supreme Court this summer dismantled a 2011 pension law that established a pension payment plan to strengthen the system.

“Each year that we fail to make the required pension payments, the crisis gets worse and the future cost to taxpayers grows,” said Sweeney (D-Gloucester), who is considered a likely candidate for governor in 2017. The public employee pension system is underfunded by about $40 billion.

Read More

From NJ Advance Media for NJ.com , December 8, 2015

TRENTON — State Senate President Stephen Sweeney introduced legislation Monday that would cement state officials’ promises to fund government workers’ pensions in the New Jersey constitution.

Read the New Jersey AFL-CIO’s Statement in Support of Sweeney’s Proposal

Such a constitutional amendment requiring the state to make payments into the public retirement fund was expected to be the next step after the state Supreme Court this summer dismantled a 2011 pension law that established a pension payment plan to strengthen the system.

“Each year that we fail to make the required pension payments, the crisis gets worse and the future cost to taxpayers grows,” said Sweeney (D-Gloucester), who is considered a likely candidate for governor in 2017. The public employee pension system is underfunded by about $40 billion.

Read More

From NJ Advance Media for NJ.com , December 8, 2015

TRENTON — State Senate President Stephen Sweeney introduced legislation Monday that would cement state officials’ promises to fund government workers’ pensions in the New Jersey constitution.

Read the New Jersey AFL-CIO’s Statement in Support of Sweeney’s Proposal

Such a constitutional amendment requiring the state to make payments into the public retirement fund was expected to be the next step after the state Supreme Court this summer dismantled a 2011 pension law that established a pension payment plan to strengthen the system.

“Each year that we fail to make the required pension payments, the crisis gets worse and the future cost to taxpayers grows,” said Sweeney (D-Gloucester), who is considered a likely candidate for governor in 2017. The public employee pension system is underfunded by about $40 billion.

Read More

From NJ Advance Media for NJ.com , December 8, 2015

TRENTON — State Senate President Stephen Sweeney introduced legislation Monday that would cement state officials’ promises to fund government workers’ pensions in the New Jersey constitution.

Read the New Jersey AFL-CIO’s Statement in Support of Sweeney’s Proposal

Such a constitutional amendment requiring the state to make payments into the public retirement fund was expected to be the next step after the state Supreme Court this summer dismantled a 2011 pension law that established a pension payment plan to strengthen the system.

“Each year that we fail to make the required pension payments, the crisis gets worse and the future cost to taxpayers grows,” said Sweeney (D-Gloucester), who is considered a likely candidate for governor in 2017. The public employee pension system is underfunded by about $40 billion.

Read More

From NJ Advance Media for NJ.com , December 8, 2015

TRENTON — State Senate President Stephen Sweeney introduced legislation Monday that would cement state officials’ promises to fund government workers’ pensions in the New Jersey constitution.

Read the New Jersey AFL-CIO’s Statement in Support of Sweeney’s Proposal

Such a constitutional amendment requiring the state to make payments into the public retirement fund was expected to be the next step after the state Supreme Court this summer dismantled a 2011 pension law that established a pension payment plan to strengthen the system.

“Each year that we fail to make the required pension payments, the crisis gets worse and the future cost to taxpayers grows,” said Sweeney (D-Gloucester), who is considered a likely candidate for governor in 2017. The public employee pension system is underfunded by about $40 billion.

Read More

From NJ Advance Media for NJ.com , December 8, 2015

TRENTON — State Senate President Stephen Sweeney introduced legislation Monday that would cement state officials’ promises to fund government workers’ pensions in the New Jersey constitution.

Read the New Jersey AFL-CIO’s Statement in Support of Sweeney’s Proposal

Such a constitutional amendment requiring the state to make payments into the public retirement fund was expected to be the next step after the state Supreme Court this summer dismantled a 2011 pension law that established a pension payment plan to strengthen the system.

“Each year that we fail to make the required pension payments, the crisis gets worse and the future cost to taxpayers grows,” said Sweeney (D-Gloucester), who is considered a likely candidate for governor in 2017. The public employee pension system is underfunded by about $40 billion.

Read More

From NJ Advance Media for NJ.com , December 8, 2015

TRENTON — State Senate President Stephen Sweeney introduced legislation Monday that would cement state officials’ promises to fund government workers’ pensions in the New Jersey constitution.

Read the New Jersey AFL-CIO’s Statement in Support of Sweeney’s Proposal

Such a constitutional amendment requiring the state to make payments into the public retirement fund was expected to be the next step after the state Supreme Court this summer dismantled a 2011 pension law that established a pension payment plan to strengthen the system.

“Each year that we fail to make the required pension payments, the crisis gets worse and the future cost to taxpayers grows,” said Sweeney (D-Gloucester), who is considered a likely candidate for governor in 2017. The public employee pension system is underfunded by about $40 billion.

Read More

From NJ Advance Media for NJ.com , December 8, 2015

TRENTON — State Senate President Stephen Sweeney introduced legislation Monday that would cement state officials’ promises to fund government workers’ pensions in the New Jersey constitution.

Read the New Jersey AFL-CIO’s Statement in Support of Sweeney’s Proposal

Such a constitutional amendment requiring the state to make payments into the public retirement fund was expected to be the next step after the state Supreme Court this summer dismantled a 2011 pension law that established a pension payment plan to strengthen the system.

“Each year that we fail to make the required pension payments, the crisis gets worse and the future cost to taxpayers grows,” said Sweeney (D-Gloucester), who is considered a likely candidate for governor in 2017. The public employee pension system is underfunded by about $40 billion.

Read More

From NJ Advance Media for NJ.com , December 8, 2015

TRENTON — State Senate President Stephen Sweeney introduced legislation Monday that would cement state officials’ promises to fund government workers’ pensions in the New Jersey constitution.

Read the New Jersey AFL-CIO’s Statement in Support of Sweeney’s Proposal

Such a constitutional amendment requiring the state to make payments into the public retirement fund was expected to be the next step after the state Supreme Court this summer dismantled a 2011 pension law that established a pension payment plan to strengthen the system.

“Each year that we fail to make the required pension payments, the crisis gets worse and the future cost to taxpayers grows,” said Sweeney (D-Gloucester), who is considered a likely candidate for governor in 2017. The public employee pension system is underfunded by about $40 billion.

Read More

From NJ Advance Media for NJ.com , December 8, 2015

TRENTON — State Senate President Stephen Sweeney introduced legislation Monday that would cement state officials’ promises to fund government workers’ pensions in the New Jersey constitution.

Read the New Jersey AFL-CIO’s Statement in Support of Sweeney’s Proposal

Such a constitutional amendment requiring the state to make payments into the public retirement fund was expected to be the next step after the state Supreme Court this summer dismantled a 2011 pension law that established a pension payment plan to strengthen the system.

“Each year that we fail to make the required pension payments, the crisis gets worse and the future cost to taxpayers grows,” said Sweeney (D-Gloucester), who is considered a likely candidate for governor in 2017. The public employee pension system is underfunded by about $40 billion.

Read More

From NJ Advance Media for NJ.com , December 8, 2015

TRENTON — State Senate President Stephen Sweeney introduced legislation Monday that would cement state officials’ promises to fund government workers’ pensions in the New Jersey constitution.

Read the New Jersey AFL-CIO’s Statement in Support of Sweeney’s Proposal

Such a constitutional amendment requiring the state to make payments into the public retirement fund was expected to be the next step after the state Supreme Court this summer dismantled a 2011 pension law that established a pension payment plan to strengthen the system.

“Each year that we fail to make the required pension payments, the crisis gets worse and the future cost to taxpayers grows,” said Sweeney (D-Gloucester), who is considered a likely candidate for governor in 2017. The public employee pension system is underfunded by about $40 billion.

Read More

From NJ Advance Media for NJ.com , December 8, 2015

TRENTON — State Senate President Stephen Sweeney introduced legislation Monday that would cement state officials’ promises to fund government workers’ pensions in the New Jersey constitution.

Read the New Jersey AFL-CIO’s Statement in Support of Sweeney’s Proposal

Such a constitutional amendment requiring the state to make payments into the public retirement fund was expected to be the next step after the state Supreme Court this summer dismantled a 2011 pension law that established a pension payment plan to strengthen the system.

“Each year that we fail to make the required pension payments, the crisis gets worse and the future cost to taxpayers grows,” said Sweeney (D-Gloucester), who is considered a likely candidate for governor in 2017. The public employee pension system is underfunded by about $40 billion.

Read More

From NJ Advance Media for NJ.com , December 8, 2015

TRENTON — State Senate President Stephen Sweeney introduced legislation Monday that would cement state officials’ promises to fund government workers’ pensions in the New Jersey constitution.

Read the New Jersey AFL-CIO’s Statement in Support of Sweeney’s Proposal

Such a constitutional amendment requiring the state to make payments into the public retirement fund was expected to be the next step after the state Supreme Court this summer dismantled a 2011 pension law that established a pension payment plan to strengthen the system.

“Each year that we fail to make the required pension payments, the crisis gets worse and the future cost to taxpayers grows,” said Sweeney (D-Gloucester), who is considered a likely candidate for governor in 2017. The public employee pension system is underfunded by about $40 billion.

Read More