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OPINION

N.J. governor signs bill reining in employee benefits

Townhall Staff
Townhall Staff | Jun 28, 2011
The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.
N.J. governor signs bill reining in employee benefits
TRENTON, N.J. (AP) — New Jersey Gov. ChrisChristie on Tuesday signed landmark employee benefits legislation that increases pension and health contributions paid by a half-million teachers, police and other public workers and removes the issue from collective bargaining for four years.
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Mr. Christie, a Republican, said the benefits have been more generous than the state can afford and need to be scaled back. The latest actuarial figures show the pension and health care systems $110 billion short of their eventual liabilities.

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