Posted late this afternoon in the pension payment case were orders accepting the ‘friend of the court’ briefs of two state legislators saying they intended those mini-payments into the New Jersey retirement system to be contractually required and of New Jersey Citizen Action which pointed to a youtube where Governor Christie made a similar admission.
The paperwork is now all in and oral arguments are set for next week but it seems obvious (to me, anyway) what is going to happen.
- The trial court’s decision will be affirmed and the brief is likely going to be written over the weekend to be read after oral arguments since there is very little that either side can add and delay limits available options.
- Governor Christie will rail against an activist court but will make the extra $1.6 billion contribution probably through another sale of Pension Obligation Bonds.
- With the pension and budget issues behind him, Memorial Day announcement of presidential run?
From last night’s Ask the Governor program on where we are now on pensions and the budget: