Reason 4,954 for why New Jersey's pension debt is so high ... - Press of Atlantic City: Carla Linz-Callaway's Editorial Blog

Reason 4,954 for why New Jersey's pension debt is so high ...

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Posted: Wednesday, July 28, 2010 11:38 am

The staggering shortfall in New Jersey's pension fund has many factors - the biggest being overly generous benefits, the failure of politicians to pay into the fund and a downturn in investments.

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Carla Linz-Callaway
  • Carla Linz-Callaway
  • Editorial Writer
    The Press of Atlantic City
  • E-mail: clinz@pressofac.com
  • Phone: 609-272-7000
  • Editorials on the Opinion Page represent the newspaper’s institutional voice. That’s why they’re unsigned. But they’re written by real life individuals - usually Carla Linz Callaway or Jim Perskie.