Gov Christie says broken pension promise necessary
Tuesday, September 21, 2010
THE RECORD
THE ASSOCIATED PRESS
BAYONNE — Gov. Chris Christie says he had to renege on a campaign promise to New Jersey firefighters not to touch their pensions in order to save their pensions.
During the campaign last year, the Republican told firefighters he would not "eliminate, change, or alter" their pensions.
Last week, Christie proposed pension and health benefits reforms that would raise the retirement age for public workers and require current employees and retirees to shoulder a substantially higher portion of their health care costs.
The governor says past promises made by other governors about the level of benefits "can't be kept."
The state pension system is underfunded by at least $46 billion. The health benefits system is underfunded by $76 billion.
http://www.northjersey.com/news/092110_Gov_Christie_says_broken_pension_promise_necessary_.htmlGuess we all know what promises are worth from this guy....