N.J. Public Pension System Among Worst-Funded in U.S.

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N.J. Public Pension System Among Worst-Funded in U.S.

Sunday, August 28, 2016

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,…

Posted by CNBNewsnet on Sunday, August 28, 2016 at 01:00 PM in Consumer News, New Jersey , NORTH JERSEY, South Jersey, YOUR MONEY | Permalink | Comments (0)

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