NJEA: No Pension Deal with Christie

By Matt Rooney | The Save Jersey Blog

Morning rumors of a pre-budget address pension deal between the Christie Administration and the NJEA are apparently NOT accurate, Save Jerseyans. So says the NJEA.

Education-Funding“We are very pleased that Judge Jacobson so clearly and unambiguously ruled that Gov. Christie and the State of New Jersey have a legal obligation to fund the pension according to the law he signed in 2011,” said NJEA President Wendell Steinhauer in a statement. “It’s the right decision and a fiscally appropriate response to the pension funding crisis that the state has created for itself over the last 15 years. It’s time for Gov. Christie to finally do the responsible thing and fund the pension systems. It is deeply disappointing that he has indicated that he will continue to fight the ruling.”

This statement appears to be offered in response to an NJ.com report of a “groundbreaking” pension settlement between the Governor and the state’s dominant teachers union, changes which Christie would announce during his Tuesday afternoon FY2016 budget speech.

In the off chance that you missed it, Save Jerseyans, here is our coverage of the Jacobson ruling.

You can read the NJEA full release here.

My hope: the Governor is rewriting his speech right now (assuming NJ.com’s original premise was accurate) and comes out swinging at 2 o’clock…

Developing…

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