Rising cost of living increases to possess New jersey retirement benefits instantly wearing sponsors“,”link”:< "target":"NEW","attributes":,"url":"","_id":"0000017f-e1a1-d829-adff-f1f575330007","_type":"33ac701a-72c1-316a-a3a5-13918cf384df">,”_id”:”0000017f-e1a1-d829-adff-f1f575330008″,”_type”:”02ec1f82-5e56-3b8c-af6e-6fc7c8772266″>”>Inflation grows getting Nj-new jersey pensions unexpectedly gaining sponsors,” by NJ 101.5’s Michael Symons: “A proposal first made 11 years ago to restore cost-of-living adjustments to the pensions of retired public workers in New Jersey may be finally picking up speed. Sen. Shirley Turner, D-Mercer, first introduced the bill in , one day after then-Gov. Chris Christie signed a pension reform bill into law that suspended COLAs until the retirement systems are restored to better financial health. … Turner introduced it each session, but it went nowhere. It was joined a few years later by Sen. Brian Stack, D-Hudson, but nobody else – until last month. It has now added more 24 sponsors and co-sponsors between the Senate and a companion Assembly bill, including 11 Democrats and 13 Republicans.”
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