Teacher Pensions Archives - Page 2 of 3 - NJ Education Report
November 5, 2020

LILLEY: NJ Taxpayers Need to Know NJEA Used Political Power to Create the Pension System It Wanted.

At long last, New Jersey has enacted its first COVID-19 budget. In order for it to be “balanced,” the state will have to borrow $4.5 billion. […]
October 8, 2020

Lilley: If NJ Teachers Want a Solvent Pension System, They Must Demand Change.

The Star-Ledger reports that NJ’s pension investments earned 1.2% for the fiscal year ended June 30, 2020.  This is far below the 7.5% assumed return and given that NJ […]
August 6, 2020

If NJ Teachers Take Early Retirement to Avoid Contracting COVID, What Will That Do To NJ’s Budget?

Here’s a scenario you might not have considered: If New Jersey schools do reopen for in-school instruction this year, some unknown number of traditional district […]
September 23, 2019

Mark Weber Says New Jersey Teachers Suffer From a “Wage Gap.” Mike Lilley Says Weber’s Analysis is “Deeply Flawed.”

This is a guest post by Michael Lilley, Founder and President of the Sunlight Policy Center of New Jersey, which seeks to educate residents on […]
June 18, 2019

What Do NJ’s Pension Crisis, Lakewood Public Schools, and the Murphy-Sweeney Feud Have in Common?

There’s lots of coverage today on the New Jersey State Legislature’s rewrite of the Governor’s budget. Murphy included a millionaire’s tax and $250 million in […]
February 21, 2019

New Jersey Teachers’ Pension System Is Broken, Unless You Work In the Front Office. Also, Why Are Sex Offenders Receiving Pensions?

Last week I wrote about the disparities in pay between rank and file educators and those who work in the offices of NJEA, N.J.’s largest […]