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How will new spending plan affect public pensions?

JULY 16, 2018 | by John Reitmeyer | NJ SPOTLIGHT (NEW JERSEY)

 “… Noting that the budget adds $700 million in state contributions to the retirement plans for teachers, judges and other government workers during the 2019 fiscal year, he said those payments will push the total state pension contribution to a record high of $3.2 billion. That’s 'enough money to build two more MetLife Stadiums in the Meadowlands.' …”

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