TRENTON -- New Jersey's public pension fund is shakier than all but two U.S. states also known for their notoriously underfunded retirement systems, according to a new comparison by the Pew Charitable Trusts. The pension fund was just 42 percent funded in 2014, based on the latest data available for 238 retirement plans in 50 states,…
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N.J. Public Pension System Among Worst-Funded in U.S.
TRENTON -- New Jersey's public pension fund is shakier than all but two U.S. states also known for their notoriously underfunded retirement systems, according to a new comparison by the Pew Charitable Trusts. The pension fund was just 42 percent funded in 2014, based on the latest data available for 238 retirement plans in 50 states,…