August 1, 2023
The Star-Ledger reports that state pension investments have “raked in huge gains” so far this year, but the structurally unsound state pension system is still in trouble. […]
June 30, 2023
Sunlight has long warned about New Jersey’s fiscal condition. In particular, we have focused on Gov. Murphy’s decision to accommodate his biggest political supporter, the NJEA, […]
April 18, 2023
The good news: all three bond-rating agencies upgraded their ratings for New Jersey’s bonds for the second time in the last year. The upgrades are good […]
March 29, 2023
As Gov. Murphy proposes to pump another $7 billion of the state budget into New Jersey’s unreformed public pension system, Sunlight thought it would be a […]
January 12, 2023
State of the State: What About Learning Loss, Public Pensions and Healthcare Costs, Governor Murphy?
Gov. Murphy gave his State of the State speech and there was a lot of talk about New Jersey “leading the nation” in this or that, […]
December 21, 2022
Despite federal pandemic relief funds, record tax revenues and a lot of happy talk from Gov. Murphy, New Jersey’s long-term financial condition was ranked the worst in […]
May 31, 2022
Mary Ann Koruth of NorthJersey.com brings some needed focus on the reality of the much-heralded 2021 “Chapter 78 relief” law negotiated by then-Senate President Steve Sweeney […]
May 6, 2022
A brief addendum to Sunlight’s blog on Tuesday about how the teachers’ pension fund (TPAF) is still at risk despite record contributions by Gov. Murphy. The […]
May 3, 2022
New Jersey’s Division of Pension and Benefits came out with the actuarial report for the state’s public pensions. Because of record pension contributions from the state […]