The report, released Wednesday by the New Jersey League of Municipalities and the New Jersey School Boards Association, studied the effects of a pension reform plan drafted by a special pension and health benefits commission and championed by Christie.
Part of the plan would shift the cost of teacher pensions from the state to local school districts, and the study breaks down potential property tax increases for homeowners.
Christie pension reform could have high price tag for N.J. schools, report warns
TRENTON — Gov. Chris Christie's controversial pension reform plan could cost New Jersey school districts hundreds of millions of dollars each year, according to a new report commissioned by school and municipal lobbyists, but those who crafted the governor's plan have said those costs would be offset by reducing public employee health benefits. The report, released…