Teachers Pension and Annuity Fund (TPAF) Archives - NJ Education Report
August 4, 2023

LILLEY: Strong Returns for Teacher Pension Plan But It’s Still Under Water

The Star-Ledger reports that state pension investments have “raked in huge gains” so far this year, but the structurally unsound state pension system is still in trouble. […]
March 31, 2023

LILLEY: NJ Teachers’ Pension Plan Still in Deep Trouble, Projected to be Insolvent in 20 Years

As Gov. Murphy proposes to pump another $7 billion of the state budget into New Jersey’s unreformed public pension system, Sunlight thought it would be […]
March 28, 2023

What Are New Jersey’s ‘Hidden Education Funding Cuts’ And How Do We Make the Math Work?

Back in 2018 the New Jersey School Boards Association predicted the Murphy Administration’s new school funding law called S2, which limits property tax increases to […]
September 27, 2022

LILLEY: NJ101.5 Gets It Wrong About Healthcare Premium Hikes for Teachers: Property Taxpayers Will Pick Up the Tab

Unfortunately, a recent news story by NJ101.5 got it all wrong about an increase in teacher healthcare premiums.  We have nothing against NJ101.5, which usually does a good […]
July 19, 2022

Esteemed NJ Businessman Demands Murphy and Media Challenge NJEA Leaders’ Gold-Plated Salary & Benefits

Josh Weston, who founded Automatic Data Processing (ADP) with the late New Jersey Sen. Frank Lautenberg, has some harsh words for the payroll of NJEA […]
July 9, 2022

LILLEY: New Jersey Teachers, Your Union Dues Paid NJEA Director $2.5 Million in 2019

Now we know: New Jersey Education Association (NJEA) retiring Executive Director Ed Richardson was paid $2,485,357 in 2019.  As executive director from 2013 to 2019, […]