Wednesday, May 21, 2014

Union says it is suing over Christie pension cuts



New Jersey's largest state government employees' union says it is suing Gov. Chris Christie over his plan to slash the state's pension contributions.

Communications Workers of America State Director Hetty Rosenstein announced the union's intentions Wednesday, saying Christie is breaking the law by cutting payments.

The announcement comes one day after Christie announced plans to cut the state's payments by about $2.5 billion over the next year as the main element of an effort to bridge a projected $2.75 billion budget gap.

Christie and lawmakers agreed in 2012 to ramp up contributions over seven years as part of a pension reform measure that also requires higher contributions from employees.

The governor has been saying this year that that deal did not go far enough.

Source:  NewsWorks

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