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Christie tried to stiff New Jersey’s public pension funds

Want this guy for your president?

“TRENTON — In a significant blow to Gov. Chris Christie, a state judge ruled today that the governor broke a law he signed by cutting $1.57 billion from a promised payment from the pension system for public employees this year, and must now work with state lawmakers to restore the money. …

“Superior Court Judge Mary Jacobson sided with a group of public worker unions that sued to stop Christie from slashing the required payment to New Jersey’s retirement fund for hundreds of thousands of government workers. The governor made the cut to fill a gaping hole in the budget after his administration’s revenue projections fell far short, saying he had no other choice.

“The unions — which include teachers, police officers, state troopers, firefighters, and office workers — argued that Christie promised to make the full payment under a 2011 law he signed to put the pension system back on solid financial ground. Under that overhaul, the state promised to make increased annual payments to the fund after years of governors short-changing it, and in exchange workers have paid more for their pension and health benefits.

“Christie touted the law — which he worked on with Democratic lawmakers — as a bipartisan achievement, and the move brought him national attention as a governor who could work with both sides of the aisle.”

Yeah, well, he lied. (Source: NJ.com)

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Photo: New Jersey Gov. Chris Christie; nothing special to see here; just another lying dishonest politician who cuts deals and then breaks his word.


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