GREENSTEIN & DeANGELO: CHRISTIE MAKES A BAD PENSION FUND SITUATION WORSE

(TRENTON) – Assemblywoman Linda Greenstein and Assemblyman Wayne DeAngelo on Tuesday released the following statements following Gov. Chris Christie’s budget address on his plan to skip nearly $3 billion in obligated state payments into the pension system:

Greenstein (D-Middlesex/Mercer):

“When Gov. Christie ran for office, he promised a return to fiscal sanity, but his plan to ignore the state’s pension obligation will just make a bad situation even worse.

“Public workers have been demonized quite a bit in recent weeks for not doing more, but failing to fulfill our obligations when the pension system is already severely underfunded is just a terrible idea.

“If Gov. Christie was truly interested in fixing our broken system, he would live up to his own obligations.”


DeAngelo (D-Mercer/Middlesex):

“It’s inconceivable that Gov. Christie has spent so much time criticizing public workers for not doing their part , yet would himself fail to live up to his obligation as governor to fund the pension system.

“Gov. Christie would have you believe unionized public workers are the villains, but failing to fund our pension system is the leading reason for its troubles.

“Gov. Christie should show true leadership and fulfill his own obligation before he casts blame on hard-working New Jerseyans.”

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