Christie’s pension commission says N.J. retirement system faces $90B in unfunded liabilities

http://www.nj.com/politics/index.ssf/2014/09/christie_pension_commission_says_nj_faces_90b.html

New Jersey’s ailing public worker retirement system is saddled with $90 billion in unfunded pension and health liabilities that threaten to drain future state budgets, according to the first report issued by the special commission Gov. Chris Christie formed to find ways to fix the problem

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