December 9, 2020
As reported in POLITICO, Sunlight just released its second report on teachers’ pensions: “Ugly Truths and Hard Facts about New Jersey’s Pension Crisis, Part II: NJEA […]
December 1, 2020
Everyone knows the old saying: “If you find yourself in a deep hole, stop digging.” But in his haste to please his public sector union pals, […]
November 20, 2020
The ever-vigilant BuryPensions blog has provided valuable information on NJ’s COVID bonds – the $4.5 billion that Gov. Murphy is borrowing to plug budget gaps and allow […]
November 9, 2020
Bond-rating agency S&P Global downgraded NJ’s debt rating from A- to BBB+, making NJ one of only two states (along with broke IL) to have a […]
October 14, 2020
Tony Howley of Americans for Prosperity NJ penned an op-ed in the Star-Ledger supporting Senate President Sweeney’s S-861 bill based on his Path to Progress pension reform recommendations. […]
October 8, 2020
This isn’t new news but it’s also not good news. Pew Charitable Trusts updated its pension study to include 2018 data, and NJ comes in dead […]
October 6, 2020
Well, there you have it from an excellent report by NJ101.5: a perfect, one-sentence description of NJ’s political status quo, delivered by our state’s top elected […]
October 1, 2020
The Star-Ledger reported that NJ’s pension investments earned 1.2% for the fiscal year ended June 30, 2020. This is far below the 7.5% assumed return and […]
September 23, 2020
Truth in Accounting came out with its “Financial State of the States 2020,” an annual report on how much debt-per-taxpayer each state owes. New Jersey once […]