BY JOSEPH MONZO
SPECIAL TO NEWJERSEYNEWSROOM.COM
Your local tax collector is a payment point for a number of other entities and obligations. A very large portion of the property taxes collected are sent to fulfill County and School obligations. In that list of payees is the pension payment due to the local pension systems to meet the obligation of the local employment contracts. The State of NJ has similar obligations for its employees.
You as a taxpayer have paid your tax bill and we as local government entities have subsequently paid the local pension obligations. So where is the problem?