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NJ to make ‘full’ pension payment

FEBRUARY 24, 2021 | by John Bury | BURYPENSIONS BLOG

By John Bury, includes “… That $6.4 billion is what the actuaries hired by New Jersey for the specific purpose of providing absurdly low contribution amounts came out with for the 7/1/21 to 6/30/22 plan year. … Most of that state money will be borrowed as Murphy is sure to use the blank check the NJ Supreme Court gave him to force future New Jersey taxpayers to repay another $5 billion in bonds that will be sold to make the pension contribution.”

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