Unions sue New Jersey over pension reform


US - Local unions have filed a lawsuit against New Jersey to overthrow a new law which requires employees to contribute more for their pension.

Under the pension reform, the state plans to reduce pension benefits by suspending the cost of living adjustment (COLA) for current and future retirees and increasing the contributions of active em...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now


Already a Professional Pensions member?