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Pension

WNYC News

New Jersey Pension Fight Goes To Court. Again.

Wednesday, May 06, 2015

Attorneys debated whether the 2011 pension reform law Governor Chris Christie signed is binding. The unions say it is. The administration says it's not. 

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The Brian Lehrer Show

NJ Teacher's Union Shuts Down Talks with Christie

Friday, April 24, 2015

New Jersey's largest teachers union cancels talks with Governor Christie about pension reform.

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The Brian Lehrer Show

Drone Warfare in Pakistan; Dr. Oz in Hot Water; the 'Ira Glass' of Israel

Friday, April 24, 2015

Dr. Oz under scrutiny from Columbia docs; the ethics of US-led drone strikes in Pakistan; teachers unions against Christie on pensions; a weddings reporter; the “Ira Glass” of Israel.

WNYC News

After 'Accord' NJ Union Pulls Out of Pension Talks

Tuesday, April 21, 2015

Governor Chris Christie touted an "unprecedented accord" with the state's largest teachers union on pension reform. The union said there was no deal, and has called off negotiations.

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WNYC News

NJ Pension Boards Question Wall Street Fees

Friday, April 17, 2015

Trustees say management fees are way up, and the way the state explains them is confusing.

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WNYC News

Working to Keep Politics Out of NJ's Pension-Fund Investments

Thursday, March 26, 2015

NJ Spotlight
Offered a chance to put wider restrictions in place, NJ State Investment Council says it will first look to tightening current regulations

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WNYC News

Christie's Pension Commission Calls for Compromise

Wednesday, February 25, 2015

The commission says the only way New Jersey can pay for its pension and health benefits is if they cost the state less.

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WNYC News

Christie and Union Disagree on Agreement for Pension Reform

Wednesday, February 25, 2015

The governor said there was an "unprecedented accord" with the teachers union on reforms to retirement and health benefits. The union said there wasn't.

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WNYC News

Pension Boards Sue Christie

Wednesday, December 10, 2014

Board members want the governor to pay the nearly $2.5 billion he cut from the state's pension payment.

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WNYC News

New Jersey's Pension Investment Chief Resigns

Thursday, November 20, 2014

WNYC
Robert Grady steps down as chair of New Jersey's Pension Investment Council amid questions about strategies and allegations of pay-to-play.

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WNYC News

The Most Important City Official You've Never Heard of Is Retiring

Monday, October 27, 2014

If you're a public employee or a taxpayer, Bob North has your number. As the city's Chief Actuary, it's his job to calculate how much the city puts into its pensions.

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WNYC News

Christie Counters Pay-To-Play Allegations Against Pension Fund

Thursday, September 18, 2014

New Jersey Gov. Chris Christie is defending the state’s pension investments as some transactions attract pay-to-play allegations. 

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WNYC News

NY and NJ Pensions Sticking with Hedge Funds ... For Now

Wednesday, September 17, 2014

California's pension fund says it will end its investments in hedge funds because they're too complicated and charge too much. But New York and New Jersey aren't following suit.

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The Brian Lehrer Show

New Jersey's Pension-Less Budget

Tuesday, July 08, 2014

Steve Sweeney, New Jersey Senate President, talks about the Governor Christie's decision to balance this year's budget by foregoing pension contributions, which he'd promised to make as late as this January. Christie claims that revenue shortfalls led to the lack of funds for pensions, and rejected a Democratic budget that would have increased taxes on the wealthy and businesses. Plus: why Sweeney wants more casinos in Northern New Jersey, and other news from the Garden State.

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The Brian Lehrer Show

Making Sense of the Dollars

Wednesday, June 18, 2014

Advice on money and retirement.

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WNYC News

Bible Lessons Explain NJ's Budget Sacrifice

Wednesday, April 02, 2014

Like Esau, New Jersey's short-term gain to help balance the budget gives up some long-term benefits.

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WNYC News

New Jersey's Pension Problem: Part Deux

Wednesday, February 26, 2014

Governor Christie has presented the largest budget in New Jersey state history.  The $34.5 billion spending plan has no tax increases and the largest payout yet for retired state workers' benefits.  The governor called those growing costs a "looming crisis" for the state, and has pledged to tackle it. Again.

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WNYC News

Stringer to Apple: Protect Our Assets

Monday, February 10, 2014

Activist investor Carl Icahn is abandoning his proposal for a $50 billion buyback from Apple. The news comes as the heads of some state and city pension funds called on the company's shareholders to vote against the plan.

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The Brian Lehrer Show

The de Blasio Team; Rev. Billy; Donor Siblings; Pension Problems

Thursday, December 05, 2013

Mayor-elect de Blasio appointed some key members of his administration. Hear analysis about what those choices signal. Plus: Billy Talen, a.k.a Reverend Billy, discusses criminal charges he's facing for an environmental protest he was part of; the new world for employees with pensions after the Detroit bankruptcy decision; and the person behind the Donor Sibling Registry, Wendy Kramer.

The Takeaway

Detroit Bankruptcy Puts Pensions on the Chopping Block

Tuesday, July 23, 2013

Detroit pensions may now be on the chopping block. Money that was supposed to materialize disappeared into thin air—in the lead up to Detroit’s filing for bankruptcy last week, a big hole was revealed in the city’s pension fund. Kevyn Orr, the city’s emergency manager, found $3.5 billion in liabilities in the pension budget. Peter Henning, Wayne State University Professor of Law, explains.

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