NJ Penlight On NJ Pensions

NJ Spotlight’s lead story today is a fluff piece on New Jersey politicians making a record pension payment at the beginning of the year with loads of cheery quotes and no relevant context.

What did they miss and why are they putting out propaganda for the state?

In March, 2019 “NJ Spotlight was acquired… by WNET, the largest PBS affiliate in the nation and the parent company of NJTV and Thirteen. NJ Spotlight will become the online partner of NJTV, working in tandem both online and on-air.”

Happy news about the New Jersey Retirement System is what their paymasters (who pay some very well) demand with no mentions to be made of things like that $128 billion in GASB underfunding or the lottery gimmick to stave off talk of any real reform.

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