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Monday, January 30, 2012

Jersey Jazzman: Christie's Lies: Golden Oldies

Jersey Jazzman: Christie's Lies: Golden Oldies:

Christie's Lies: Golden Oldies

I haven't posted about this in a while:
Christie joined with Democratic leaders last year to shift a greater share of the pension burden to public workers and to end cost-of-living increases for current and future retirees. The legislation helped drive down the state’s unfunded pension liability from $53.9 billion to $36.3 billion when the administration revised its figures for fiscal 2010, according to the actuarial reports made public on Tuesday. [emphasis mine]
Remember, Chris Christie said this during his campaign inn his famous "Open Letter to Teachers":
* I will protect your pensions. Nothing about your pension is going to change when I am governor. In fact, in order to ensure your retirement savings are safe, I believe we must prioritize the protection of