Pension News

8-8-16: Decision day for Steve Sweeney

Hundreds of NJEA members gathered at the Statehouse today, the last day for Senate President Steve Sweeney, D-Gloucester, to keep his promise to post and pass SCR-2. That is the resolution that would put a constitutional amendment to mandate responsible pension funding on the ballot this November. The protest, organized by NJEA’s Summer Fellows, sent…

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NJEA: Sweeney betrays public employees, taxpayers

NJEA President Wendell Steinhauer issued this statement following the press conference in which Senate President Steve Sweeney announced that he intends to break his promise to post and pass SCR-2, a resolution that would place a constitutional amendment on pension funding on the 2016 ballot: “Senate President Steve Sweeney has betrayed every New Jersey public…

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“Post the bill, pass the bill!”

NJEA demands action on SCR-2 Hundreds of NJEA members descended on Senate President Steve Sweeney’s West Deptford office to urge him to keep the promise he made to NJEA members five months ago.  After jamming the phone lines of his office on the previous day, members went to his office to ensure that their voices…

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NJEA statement on pension amendment

‘Next year’ isn’t good enough NJEA President Wendell Steinhauer released this statement in response to Sen. Sweeney’s statement that “there’s always next year” to pass a constitutional amendment on pension funding: “Sen. Sweeney made a promise to our members that the pension amendment would happen this year. Next year isn’t good enough. He needs to…

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Pension amendment advances again

One step closer to appearing on November ballot NJEA was out in force as the Assembly Judiciary committee held a required public hearing on ACR-109, the resolution to place an amendment on the November ballot that would amend the state constitution to require responsible quarterly pension payments. While no vote was taken at the hearing,…

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Court’s COLA ruling a “theft, plain and simple”

“Despicable” decision reinforces need for constitutional amendment This morning, the New Jersey Supreme Court issued its ruling in Berg and New Jersey Education Association v. Christie, a case that challenged the state’s right to take away the earned Cost of Living Adjustment (COLA), which has long been an integral part of New Jersey’s public employee…

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Constitutional amendment on pension funding continues to move ahead

Assembly committee passes it on party-line vote The Assembly Judiciary Committee today passed ACR-109 on a 5-2 party-line vote, with all Democrats again supporting it and all Republicans voting no. Prior to the vote, NJEA President Wendell Steinhauer addressed the committee. With Vice President Marie Blistan and Secretary-Treasurer Sean M. Spiller also attending in support,…

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Resolution to place Constitutional Amendment on pensions on ballot awaits vote

School employees and other public employees have committed their lives to public service with the expectation that their pensions would be available when they retire. Unfortunately, the state’s failure to pay its share of pension system funding for the last decade has threatened this retirement security.  Moreover, the state has failed to make the payments…

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Constitutional Amendment on Pension Funding

What you will probably hear. What you should know.   As plans move forward in the Legislature for a constitutional amendment to require regular, responsible pension funding, many of the same people who helped create our current pension mess are trying to stop our efforts to fix it.  They are using scare tactics and misinformation…

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Pension and benefit report rehashes old excuses

NJEA moving forward to secure New Jersey’s future NJEA President Wendell Steinhauer issued this statement regarding the release of a new report by the New Jersey Pension and Health Benefits Study Commission earlier today: “The new commission report is just a rehash of old ideas that didn’t work last year and don’t work this year.…

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