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... into a 401K-style Defined Contribution Plan with an employer contribution in the same 3%-8% range granted Private Sector workers. Additionally, since Private Sector retirees rarely get any retiree healthcare ...
2. Health care costs.
(Comments/Unsorted comments)
... Retirees who are receiving health benefits hit 65 the greatest cost of the health benefit is transferred Medicare. A small coverage is handled by NJ but vast cost goes to Medicare and the longer one ...
... into a 401K-style Defined Contribution Plan with an employer contribution in the same 3%-8% range granted Private Sector workers. Additionally, since Private Sector retirees rarely get any retiree healthcare ...
... $67 billion in health benefits to both former and current public workers poised to retire. The Pew Center on the States has determined that New Jersey’s unfunded liabilities for 196,000 retirees’ health ...
... to Democrats in their support of these programs. Retired and unemployed voters see government programs for the poor as much more important than those who are employed: 50 percent of retirees and 49 percent ...
6. Pensions Dbl Dip
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I agree with this proposal. The article doesn't explain that the problem is retirees working FULL time in another pension system job; i.e. retired police working in a municiple PERS position. This is ...
... we protect the qualified status of those pensions, as well as end any unnecessary strains on the funds," Oroho said. "There are a variety of good reasons retirees may wish to return to the workforce. However, ...
8. pension worries
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... Pension payees have been paying for our retireesby what we have been putting into the pension, not by what the State has not put into the pension. For all you number crunchers out there tell me this, what ...
... into a 401K-style Defined Contribution Plan with an employer contribution in the same 3%-8% range granted Private Sector workers. Additionally, since Private Sector retirees rarely get any retiree healthcare ...
... of $3 billion, or an increase of almost 40 percent. Furthermore, in the past 10 years, medical costs for employees and retirees have doubled as a percentage of the total budget. Most states are in the ...
11. Excessive pensions are the Root Cause
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... Private Sector workers. Additionally, since Private Sector retirees rarely get any retiree healthcare subsidy before eligibility for Medicare at age 65, similar restrictions should apply to Public Sector ...
12. Excessive pensions are the Root Cause
(Comments/Unsorted comments)
... in the same 3%-8% range granted Private Sector workers. Additionally, since Private Sector retirees rarely get any retiree healthcare subsidy before eligibility for Medicare at age 65, similar restrictions ...
13. Excessive pensions are the Root Cause
(Comments/Unsorted comments)
... payout for full care 2010 retirees, but, likely being double your $30K, it wouldn't support your agenda (to minimize this figure). It would ALSO be 2-4 times the pensions of comparable Private Sector ...
... retirees without placing an additional burden on property taxpayers. The proposal, sponsored by Assemblymen Declan O'Scanlon (R-Monmouth) and Gary Chiusano (R-Sussex), would require public employees ...
15. Democratic Proposal for Public Pension Reform
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... Having the workers and retirees representatives have a greater say in pension matters should help cut down on some of the worst shennigans. Current retirees have a legal, social, and moral contract ...
... benefits to return the system to health. An Associated Press report from Bloomberg.com says Sweeney's bill requires current workers to pay more toward their pensions but leaves retirees unaffected. His ...
... proposals to make the state and local employee pension system sustainable for current and future retirees while reducing the government cost to run the systems. Leaders of the Democratic-controlled Legislature ...
... age, the system would soon collapse under the weight of its debt, leaving current and future retirees with no income benefits at all. While the two plans differ, the Democrats demonstrated their understanding ...
19. NJ Pensions, Benefits and Bankruptcy
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... as the annual asset drawdown (via payouts to retirees) is now too large to overcome. I think Gov. Christie knows this (we’ve only got 2-3 years left before ALL remaining Plan assets represent out-of-pocket ...
... an outmigration of about 20,000 residents a year to other states, including retirees who move to southern states. "Overall, statewide per pupil spending in New Jersey is the highest in the nation, at ...
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