NJEA Dues Clues

My local news sources occasionally cover the activities of the New Jersey Education Association (NJEA) though not too critically as for some of them the NJEA is a primary (if not sole) sponsor:

which today led off with mentions of a northjersey.com (no NJEA ads visible there) story on the millions of dollars that the NJEA spent on Governor Murphy through a ‘dark money’ PAC.

This got me to wondering how and how much the NJEA comes up with to buy a governor and web ads. This is what I have so far:

The NJEA website lists several categories of dues ranging up to $928 annually. The latest valuation of the Teachers Retirement System lists about 140,000 active participants who if they average about $900 in dues payments would result in $125 million in revenue which does tie into what was reported on the NJEA’s latest 990 filing for FYE 8/31/17:

When you add on investment income and grants they get it comes to a total of about $140 million that the NJEA can spend:

And who gets this money?

  1. $69 million in salaries including some fairly large ones.
  2. Payments for employee benefits including over $10 million for 561 participants (240 of whom are active) in the NJEA Employees’ Retirement Plan which, in stark contrast to the NJ Teachers Retirement System which will completely run out of money within 10 years, according to their latest 5500 filing is 138% funded with over $100 million in excess assets.
  3. Grants (though based on the 990 for FY17 would not include the Murphy money) to groups like:
  • BluewaveNJ: $5,000
  • Education Law Center: $525,000
  • Emerge New Jersey: $10,000
  • Garden State Forward: $5,281,734
  • National Education Association: $15,000
  • New Jersey Citizen Action: $5,000
  • New Jersey Working Families Alliance: $175,000
  • NJ Center for Teaching and Learning: $500,000
  • NJ Policy Perspective: $135,000*
  • Sustainable Jersey: $250,000

After all that how much is there really left for “the kids”?

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* Though a few of the groups the NJEA funds (probably including some on this list) might be worthwhile this group provided one of the most biased studies ever conceived for their buyoff.

 

16 responses to this post.

  1. Posted by skip3house on August 14, 2019 at 7:19 am

    Doesn’t NJEA work through a political group/branch of same name? And, isn’t this branch fully funded in their own pensions,….?

    Reply

    • It obviously started at the top. Weak chief who didn’t give a damn. These towns really need to make sure the right guy is moved to the top. Must’ve been tight w mayor/council cause our delegate is the ONLY one allowed to take time for union business. And it is 4 days a year for the convention. That’s it. And before you cry the blues about that, you are also paying teachers to go to the teachers convention every year and your councils and other dept heads to attend the League of Municipalities convention In the fall. All three are really bullshit excuses to go to Atlantic City for a few days. Nothing of any value gets done there. Fun times, drinking and gambling and having vendors throw free samples of stuff your way. That’s about it. I am not a delegate BTW.

      Reply

      • Posted by NJ2AZ on August 14, 2019 at 6:04 pm

        wasting money on “business travel” is prevalent in the private sector as well.

        every time i’ve been asked to go to a conference i’ve asked my bosses if they could just give me half of what they’d spend to send me in cash instead.

        so far, no takers 😦

        Reply

        • Posted by dentss dunnigan on August 15, 2019 at 3:17 pm

          Is the private sector paid for with our taxes …thought not

          Reply

          • He was just pointing out that the waste exists in the private sector. He is certainly NOT advocating for public employees to attend these and arguing that it happens in the private sector. Thanks for your brilliant comment though. 🙄

          • And MANY private sector people are in fact paid with YOUR taxes!!!! Especially the ones that grease the palms of your elected officials at these conventions. Many many secure lucrative deals to work on public jobs. Road work, new buildings, hvac, mechanics. You name it.

          • Posted by skip3house on August 15, 2019 at 5:07 pm

            Part of that ‘Complex’ Ike warned of !..

          • Posted by Anonymous on August 15, 2019 at 8:59 pm

            So it was in 2012…

            “Taxpayers may be surprised to learn that they are currently bankrolling the retirement plans of profitable, private sector companies. With a record-breaking national debt, a sinking economy, and millions of Americans facing losses to their own retirement accounts, taxpayers should not be on the hook for tens of billions of dollars for private contractor pensions and benefits.”

            https://www.cagw.org/thewastewatcher/federal-contractor-pensions-protected-taxpayers%E2%80%99-expense

          • Posted by Tough Love on August 15, 2019 at 10:35 pm

            Yup Stephen, The Taxpayers should NOT be funding DB pensions for these DOE and DOD contractors (the Lockheed Martins of America) ……. just like we (the Taxpayers) should NOT be providing/funding DB pension to Gov’t employees.

          • Posted by Tough Love on August 15, 2019 at 10:52 pm

            Oh, did I forget to mention that your linked article mentioned that those DOE/DOD contractor DB pension are worth several10s of Billions ….vs …. about $15 TRILLION (with $6 Trillion under-funding by some measures) of Public Sector employee DB pensions.

            The former is akin to a mosquito bite, while the latter is like being stepped on by Godzilla.

        • TL. You will pay whatever your elected officials tell you to pay.
          Life is to good for the alternative. Pay up and smile. You got it better than most in the world just by living here. And better than most in this country even. If you can afford NJ, you’re doing all right.
          You know the options already. Move or run for office.

          Reply

  2. Posted by Anonymous on August 15, 2019 at 7:20 pm

    What is NJ’s liability for Long Term Care insurance? GE may go bankrupt due to LTC obligations.

    Is long-term-care insurance covered by the (NJ) guaranty association?

    Yes, long-term-care insurance is typically considered health insurance and covered by the guaranty association.

    https://www.njlifega.org/FAQ

    Reply

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