Gov. Christie Initiates Tighter Pension Controls

Thursday, 19 Jul 2012 10:35 AM

By Sandy Fitzgerald

  Comment  |
   Contact Us  |
|  A   A  
  Copy Shortlink
New Jersey Gov. Chris Christie has initiated tougher controls on the state’s pension system after a comptroller’s review found a huge failure by towns and school districts to pull disqualified people from pension rolls.
“We didn’t go through the exercise of achieving hard-fought, critical reforms of the pension system to ensure its long-term health and solvency only to have it abused and disregarded by those who want to do favors for their political or business connections and cronies,” the Republican governor said in an email instructing the Department of Community Affairs to tighten pension controls.
According to report in the Philadelphia Inquirer, New Jersey Comptroller Matthew Boxer found illegal pension and health benefit payments totaling $2.2 million in 57 of the 58 municipalities and school districts that were initially investigated. State officials suggested the figure is only a fraction of the abuse that might be found if all 1,000 of the state’s towns and school districts are examined. 
Boxer said in his report that the towns audited had “misunderstood or misapplied” rules passed by the legislature in 2007 meant to eliminate private contractors and part-time workers from the pension system.
Boxer submitted the names of 202 people determined to be independent contractors or part-timers who were not qualified to receive pension payments or benefits.
“There were some cases where the local officials intentionally misapplied these rules and allowed this to happen,” Boxer said in his report. “There needs to be more policing and more aggressive policing.”
Among those that were allowed to collect payments were attorneys for local governments, engineers, healthcare professionals, and at least one financial auditor.

© 2014 Newsmax. All rights reserved.

  Comment  |
   Contact Us  |
  Copy Shortlink
Send me more news as it happens.
Get me on The Wire
Send me more news as it happens.
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
Zip Code:
Privacy: We never share your email.
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
You May Also Like

Nor'easter, Snow Threaten Northeast Travel Ahead of Thanksgiving

Tuesday, 25 Nov 2014 17:50 PM

The Northeast is bracing for a Nor'easter that is expected to snarl holiday travel plans on Wednesday . . .

Michael Hanline Freed After 1980 Murder Conviction Overturned

Tuesday, 25 Nov 2014 15:34 PM

Michael Hanline, who was convicted of murder in 1980, was released on bail Monday after prosecutors said they are no lon . . .

Houston Dog Stuck in Jug for Weeks Rescued, Finds a New Home (Video)

Tuesday, 25 Nov 2014 14:37 PM

A family near Houston saved a 5-month-old dog that was stuck in a jug after trying for weeks to catch the stray. . . .

Top Stories

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

America's News Page
©  Newsmax Media, Inc.
All Rights Reserved