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3Hotdogs

(14,681 posts)
1. The NJ Supreme Court ruled (2010?) that pensioner"s health care, as it was funded at that time, could not be
Wed Oct 1, 2025, 11:28 PM
Oct 1

reduced or eliminated for persons already retired. Also, those existing pensions could not be reduced for people already retired.

Eliminating Cost of living adjustments was allowed under the ruling.

Public employees that retired after Chris (piece of shit) Christie's directive could receive lower health care funding from the state.

I retired in 2006. I'm grateful that my Medicare is fully paid for by the state pension fund. But I have not had a C.O.L.A. increase in 16 years. My pension continues to decline in value, every year.


Maggots complain about paying for our pensions. The problem is, as a state employee, I/we had no choice but to put out retirement savings into the state plan. If I had the opportunity to invest my money in an IRA, I would have been better off today.

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