Federal prosecutors charged 11 people on Thursday with conspiracy in a decade-long fraud that authorities say poisoned the pension system used by employees of the nation’s largest commuter railroad.
The arrests wrap up an investigation that’s been cooking for years. At issue: How – and why – could more than 90 percent of LIRR employees who sought a disability pension get one?
They carried American flags and chanted “What’s disgusting? Union busting” outside Lowell McAdam’s Mendham residence. Police say the protest was peaceful and without incident.
Gov. Chris Christie has been getting all the attention for signing that pension reform law in New Jersey that forces state workers to contribute a lot more for their health coverage and retirement.
New Jersey Gov. Chris Christie has signed landmark employee benefits legislation requiring a half-million public workers to pay more for pension and health benefits.
Since the New Jersey Assembly approved the employee benefits bill and the supplemental measure Thursday, it’s now up to the Democrat-controlled Senate to cross the last “T” before sending the legislation to Governor Chris Christie.
The divisive bill passed 46-32 with support from all Republicans who were present and a smattering of Democrats.
New Jersey Gov. Chris Christie heads to North Jersey to hold his 20th town hall of the year as big issues loom at the Statehouse. Wednesday’s town hall event is being held at the Fair Lawn Community Center.
The New Jersey Senate has passed a bill requiring sharply higher contributions for pensions and health benefits from public workers while suspending unions’ ability to bargain over health care.
A bill requiring 500,000 public workers in New Jersey to shoulder a significantly larger share of the costs for their health care and pension benefits and take the issue off the bargaining table has advanced over staunch objections from organized labor.
Macy’s and the union representing workers at its flagship Manhattan store and three other New York locations have reached a tentative contract agreement following all-night negotiations.
Gov. Andrew Cuomo confirmed he will propose a new, less generous pension system for future state, local and school employees that is designed to save taxpayers $93 billion over 30 years.
Organizers said up to 10,000 were expected to protest staff cuts and promote public safety. They said budget cuts and layoffs have thinned their ranks to unsafe levels.
Wisconsin state workers protesting a move to severely curtail their collective bargaining rights have found allies in New Jersey.
Future city police and firefighters could not boost their pensions by working overtime in their last years on the job under cuts proposed by the Bloomberg administration.