Take this from New Jersey, delaying pension fund payments is a terrible terrible, TERRIBLE idea. Any pension payments not paid today will still need to be paid at some point. This could lead to an avalanche effect really quickly.


Take this from New Jersey, delaying pension fund payments is a terrible terrible, TERRIBLE idea. Any pension payments not paid today will still need to be paid at some point. This could lead to an avalanche effect really quickly. It took the entirety of Chris Christie's administration to get the pension train back on the track, and the entirety of Phil Murphys to get it moving again. 16 years later and it's still in rough shape. submitted by /u/Used_Mammoth8751 [link] [comments]