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Illinois, Kentucky, New Jersey are significantly burdened by the funding shortfalls facing their retirement systems. Nebraska, Utah, New York and Idaho’s unfunded liabilities are equivalent to less than 1% of their respective GDPs, meaning their pension funds are well-managed and do not significantly tax their economic resources. Local
www .osc .state .ny .us. The New York State Common Retirement fund is a public pension plan for the employees of New York State government . As of 2018, it was the third largest public pension plan in the nation, and held $207.4 billion in assets. These assets are overseen by the New York State Comptroller 's office and are held on behalf of ...
New York State Teachers: $115,637 $115,637 94.2% 7.5% 8 State of Wisconsin Investment Board: $109,960 $105,155 N/A N/A 9 North Carolina Retirement: $106,946 $96,094 88.3% 7.3% 10 Washington State Investment Board: $104,260 $86,615 85.5% 7.7% 11 Ohio Public Employees Retirement System: $97,713 $96,304 80.2% 7.5% 12 New Jersey Division of ...
In May 2005, Governor Richard Codey named Murphy to chair the New Jersey Benefits Task Force on public sector employee benefits in response to the New Jersey pension crisis, a particularly long-running instance of the state-level pensions crises taking place nationwide. The task force reported its findings in December 2005.
New Jersey was the only British colony to permit the establishment of two colleges in the colonial period. Princeton University, chartered in 1746 as the College of New Jersey, and Rutgers, The State University of New Jersey, chartered on November 10, 1766, as Queen's College, were two of nine colleges founded before the American Revolution.
NJ Transit Rail Operations provides passenger service on 12 lines at a total of 166 stations, some operated in conjunction with Amtrak and Metro-North Railroad (MNR). [1] NJ Transit Rail Operations (NJTR) was established by NJ Transit (NJT) to run commuter rail operations in New Jersey. In January 1983 it took over operation from Conrail, which ...
Parsippany–Troy Hills, commonly known as Parsippany (/ p ɑːr ˈ s ɪ p ə n i / par-SIP-ə-nee), is a township in Morris County, in the U.S. state of New Jersey.As of the 2020 United States census, the township's population was 56,162, an increase of 2,924 (+5.5%) from the 2010 census count of 53,238, which in turn reflected an increase of 2,589 (+5.1%) from the 50,649 counted in the 2000 ...
By RYAN GORMAN Embattled New Jersey Governor Chris Christie faces another possible scandal – this time for possibly costing tax payers nearly $4 billion after diverting state pension funds to ...