Christie Seeks to Roll Back Pension Payments After Ruling
It comes a day after a judge said he broke state law by withholding $1.6 billion from the retirement system this year.
New Jersey Gov. Chris Christie speaks to a group of Republicans at the Dallas County Spring Speaker Series February 9, 2015, in West Des Moines, Iowa.
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New Jersey Governor Chris Christie will seek to roll back pension-fund contributions in his next budget, a day after a judge said he broke state law by withholding $1.6 billion from the retirement system this year.
The 52-year-old Republican will present a spending plan Tuesday that seeks to contribute $1.3 billion to New Jersey’s government-employee pensions for the year starting July 1, according to a figure released by his office. That’s less than half the $2.9 billion it was scheduled to pay.