Below please find a statement from CWA NJ State Director Hetty Rosenstein on Governor Christie today signing legislation requiring quarterly pension payments.
“CWA supports quarterly pension payments. However, unless the full amount due to the plan is appropriated, quarterly payments are meaningless. History shows we simply cannot rely on the word of the Governor or legislature when it comes to the pension. For well over two decades, politicians have proven themselves incapable of making full payments. If Governor Christie was actually committed to funding the pension, he could have signed this bill when it was first sent to him two years ago. Instead, he’s simply passing the buck to the next governor without giving working families the guarantee of a payment. Simply put, without a Constitutional Amendment requiring payments, New Jersey’s working men and women could be getting quarterly payments of nothing.” – CWA NJ State Director Hetty Rosenstein