Christie Sued for Raiding Pension Fund
Unions in New Jersey want Chris Christie’s paws off their pensions. The Communications Workers of America said Wednesday it will sue to stop the governor from using $2.43 billion meant for pensions to balance the state budget. (The state’s education union is also going to court.) The plan to divert money meant for pensions “means he is walking away from a major pension overhaul he signed in his first term to restore the pension system’s financial health over approximately 30 years,” according to New Jersey’s Star-Ledger. Christie said he won’t raise taxes or take money from schools and health care to make up the budget shortfall.
Read it at Star-Ledger
http://www.nj.com/politics/index.ssf/2014/05/christies_pension_payment_reduction_plan_sparks_lawsuit_from_cwa.html
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