NJCPA on NJTV on NJ Pensions

NJCPA held their annual convention this week and on Friday there was a Business and Economic Roundtable (2 credits) featuring:

Thomas Byrne Jr. — Chair, New Jersey State Investment Council
Jack M. Ciattarelli — Former State Assemblyman
Senator Steven V. Oroho — New Jersey Senator
Tom Bergeron — ROI-NJ
This roundtable will discuss key economic issues facing businesses and individuals in New Jersey. Find out what the public and private sectors need to do now in order to make New Jersey an attractive place to live and do business in the 21st century and beyond.

One of those key economic issues was New Jersey’s massively underfunded pension system and here is how NJTV covered it:

4 responses to this post.

  1. Posted by geo8rge on June 18, 2018 at 11:28 am

    NJCPA Economic Roundtable Tackles Tax, Pensions and School Funding
    https://njcpa.org/stay-informed/topics/article/2017/06/23/njcpa-economic-roundtable-tackles-tax-pensions-and-school-funding

    Video not posted yet, their youtube channel:
    https://www.youtube.com/njcpa

    Reply

  2. Posted by SeeSaw Jr on June 18, 2018 at 3:42 pm

    A team of highly trained monkeys has been dispatched to deal with this situation.

    If you see them, send them this information as text (screenshots frighten them):
    OMD, You’re KILLING ME John 🙂

    But next time use the Hippo!

    Reply

  3. Posted by Anonymous on June 18, 2018 at 9:46 pm

    John when do you think the s*** will definitely hit the fan what year

    Reply

    • Eliminating COLAs, being ranked at the bottom of every survey of state pension funding, and projecting the JRS running out of money in 2021 haven’t made most politicians notice. It will take retirees getting a lower monthly check than they got the month before. I don’t see happy-go-lucky Murphy wading into this morass so it will likely be the next guy. Probably 2022 when a package of reforms will include an arbitrary cap on benefits, including those in pay status.

      Reply

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