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 ...
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