Thursday, August 4, 2016
Please find a statement from CWA NJ State Director Hetty Rosenstein on the Pension Constitutional Amendment
It is ironic that this latest broken promise proves that a constitutional amendment is the only real remedy to fully fund the pension system. It’s been over two decades since any administration— Republican or Democrat— made a full pension payment. The fact that Senate President Sweeney—at the eleventh hour— will not post it for a vote is the exact reason we’re demanding a constitutional amendment. There is no reason the pension should be a casualty of the legislature’s inability to secure votes for the Transportation Trust Fund. But every time there is some other political or economic issue, the pension plan is traded for it.