Top court: New Jersey cost-of-living payments not required

Top court: New Jersey cost-of-living payments not required

Top court: New Jersey cost-of-living payments not required

TRENTON - The New Jersey Supreme Court has delivered a victory to Gov. Chris Christie and ruled the state does not owe public pensioners cost-of-living payments suspended under a 2011 law.

The ruling Thursday effectively keeps the state from having its unfunded liability increased by about $17.5 billion.

The court heard oral arguments in March in the case that reaches back to a nearly five-year-old law passed by a Democrat-led Legislature and signed by Republican Gov. Chris Christie that suspended cost-of-living adjustments.

It's the latest case the court is deciding in a battle between the Christie administration and pensioners and unions. The court delivered the administration a victory last year by declining to require specific pension payments required under the same 2011 law.

A group of retired prosecutors brought the case. Public unions support their effort.

advertisement | advertise on News 12

Trending Video

The Majestic Lanes bowling alley was damaged when 1 Driver crashes into Woodbridge bowling alley
Mikayla Raji, 8, paid for a Jamesburg police 2 Girl whose father was killed in line of duty buys officer dinner
Preston Taylor admits his involvement in the disappearance 3 Childhood friend admits helping to dispose of missing woman’s body
Computer issues have prevented some Newark city employees 4 Computer issues prevent Newark city employees from being paid
Students, parents and faculty at a Bayonne high 5 Bayonne's Marist High School faces fundraising deadline to stay open

advertisement | advertise on News 12


It's good to know you have Walt Kane Kane in Your Corner

It's good to know you have Walt Kane in your corner.

News 12 takes a look at the hottest Tech Check

Eric Landskroner has a look at the latest gadgets and biggest stories in tech.

News 12 On the Scene

Check out these exclusive videos from New Jersey celebs!

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.