S1392

TRENTON – A bill sponsored by Senator Loretta Weinberg which would make various changes to New Jersey State pension certification in order to cut down on pension fraud and make sure that only people who are truly eligible may receive credit in the pension system was approved by the Senate today by a vote of 37-0, receiving final legislative approval.

“When a public employee serves honorably and devotes his or her entire life to public service, they deserve decent retirement benefits at the end of their career,” said Senator Weinberg, D-Bergen. “However, as we fight to make public employee pensions sustainable and affordable for taxpayers and enrollees alike, we need to be aware of the fraud and abuse of the pension system that drive up our costs. This bill would allow for greater policing of the State’s four public employee pension systems, and would ensure better outreach and education so employees know who is, and who is not, entitled to retirement benefits under the law.”

TRENTON – A bill sponsored by Senator Loretta Weinberg which would make various changes to New Jersey State pension certification in order to cut down on pension fraud and make sure that only people who are truly eligible may receive credit in the pension system was approved by the Assembly today by a vote of 77-0.

“Honest public employees who’ve devoted a lifetime to public service deserve decent retirement benefits at the end of their public career,” said Senator Weinberg, D-Bergen. “However, as we struggle to make the pension system sustainable and affordable for taxpayers and enrollees alike, we have to do a better job at making sure only those who actually qualify for a pension receive that benefit. This bill would ensure greater policing of our pension system in order to root out fraud and abuse, and would provide for better outreach and education, so public employees know just who is eligible for retirement benefits.”

TRENTON – A bill sponsored by Senator Loretta Weinberg which would make various changes to New Jersey State pension certification in order to cut down on pension fraud and make sure that only people who are truly eligible may receive credit in the pension system was approved by the Senate today by a vote of 36-0.

“While it’s only appropriate for public employees to be eligible for decent retirement benefits after a lifetime of public service, we have to do a better job of safeguarding those benefits against abuse and misuse,” said Senator Weinberg, D-Bergen. “Pension payments are among the biggest cost drivers in local, county and State budgets, and we have to make sure that taxpayers are only paying for earned retirement benefits, not for people who’ve defrauded the pension system. This bill would ensure greater policing of our pensions and better outreach and education, so employees know just who is eligible for public employee retirement benefits.”