Judge Overruled Christie Plan To Cut Pensions
It’s a stunning rebuke to the governor’s fiscal agenda, which for years has relied primarily on spending cuts rather than tax increases to shore up the state’s bleak finances.
It’s also a victory for the labor unions who sued the administration to halt the cuts.
“The court cannot allow the state to simply turn its back on its obligations to New Jersey’s public employees,” Jacobson’s opinion said, “especially in light of the fact that the state’s failure to make its full payment constitutes a substantial blow to the solvency of the pension funds in violation of plaintiffs’ constitutional rights.”
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10 responses to Judge Overruled Christie Plan To Cut Pensions
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Guy Lauten February 25th, 2015 at 16:18
oops. Big Chrissy might need to get some of that slush fund cash back from his buddies.
arc99 February 25th, 2015 at 16:19
So all the folks who were cheering and applauding the judge who issued a stay on the President’s executive order on immigration, will switch gears and start whining about “activist judges” in 3, 2. 1…
Spirit of America February 25th, 2015 at 17:42
I agree w/this decision based on one thing only:
Any company or gov entity that promises something(pension contributions, benefits, raises, what ever) shouldn’t be allowed to change the rules mid-game. I’m a strong proponent of the grandfather clause… if someone hires in, they hire in knowing the rules and the benefits and they accept those terms. Then for a company or gov institute to change that people who have maybe 15-25 years in is wrong, flat wrong in my view. Now if a company/gov wants to change benefits or rules that apply to new hires, fine, the new hires see what is offered and either take the job or not. But to promise one thing and then give another isn’t right – in my view.
Guest February 25th, 2015 at 18:08
It’s called “bait and switch” and US politicians have been great at it for a long time; check out “bonus babies” in your favorite search engine.
Gindy51 February 26th, 2015 at 07:34
Companies can declare bankruptcy and all contracts are subject to renegotiation. That’s how the air lines cut off the pilots’ pensions after 9/11. It happened to my husband and thousands of other people. I am pretty sure a state could do that too as many cities and towns have.
Spirit of America February 26th, 2015 at 09:31
Rgr that, I’m aware of what they do do, I’m saying i’m against it.
(sorry about your husband/you).
majii February 25th, 2015 at 22:13
Christie broke the law when he unilaterally decided to violate the terms of the law he had signed. He didn’t go to the state legislature and ask its members to revise the law, he didn’t ask for public input, he pushed right ahead alone and decided the state wouldn’t keep its promise to contribute the share it had promised into the pension fund.
What pisses me off about Christie is that he’s always first in line to deny that he’s a law-breaking, bullying, thug who always ends up blaming someone else for his problems/mistakes. I imagine it would be extremely difficult to get many GOP/TPers to admit that Christie broke the law, but they will waste no time saying that this president breaks the law when he issues an executive order. Their hypocrisy is stunning. If I were a GOP/TPer, I’d have been committed to a mental health facility by now for stress related to having to deal with the amount of cognitive dissonance bullsh*t they’re dealing with
Obewon February 26th, 2015 at 01:25
Christie’s 7th N.J. solvency rating downgrade to junk bond status only leaves him with Plan B: ‘I am here tonight to ask you to bid generously on eBay for my diapers to pay the troll!’
William February 26th, 2015 at 09:54
Considering what this guy did to his own state, just imagine the damage he could do to a whole country.
Warman1138 February 26th, 2015 at 10:49
He lives and eats quite well for someone who wishes the opposite for their employees future when they retire.