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Oliver Statement on Supreme Court Ruling on Judicial Pensions
Assembly Speaker Sheila Y. Oliver (D-Essex/Passaic) on Tuesday released the following statement on the State Supreme Court's ruling on the pension contributions of judges:
"When we passed the landmark pension and benefit reform legislation last year it was with two distinct goals in mind - to protect taxpayers and to protect the long-term solvency of our employee pension systems
"This ruling threatens to undermine those goals and we intend to put forth a legislative remedy that would ensure that does not happen.
"Therefore the Assembly will move swiftly to consider a constitutional amendment that will resolve the court's legal concerns while enabling us to move forward with a fiscally responsible plan to shore up our pension systems," said Oliver.
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