OLIVER & GREENWALD ANNOUNCE MONDAY ASSEMBLY BUDGET COMMITTEE HEARING ON PENSION & BENEFIT REFORM

(TRENTON) – Assembly Speaker Sheila Y. Oliver and Assembly Budget Chairman Lou Greenwald on Tuesday announced the Assembly Budget Committee will meet Monday to consider the legislation to reform public worker pensions and benefits.
More details on the hearing will be announced in the coming days.
“I continue to work to bring everyone together on a plan that protects taxpayers and worker rights, and I am yet not committing to putting the bill up for a full Assembly vote as we continue discussions,” said Oliver (D-Essex/Passaic). “I expect the bill very well may be amended as we move forward, but we will get this important public debate started and begin the legislative process for the benefit of our taxpayers and public workers alike.”
Greenwald (D-Camden) said he intends to sponsor the bill in the Assembly.
“This compromise bill protects both taxpayers and future collective bargaining rights and is the right thing to do to steer New Jersey through this economic crisis,” said Greenwald. “Without question, this is an emotional debate, but the bottom line is we need to protect New Jersey taxpayers. This bill will be a major step toward accomplishing that goal.”