Pension questions force some NJ teachers to retire
It is a difficult week for many teachers in New Jersey as the school year is ending and some are retiring due to uncertainty about their pensions. Nearly 6,500 school employees are retiring this year, more than double the amount from last year. Louise Ward, a retiring teacher and union rep for the American Federation of Teachers, says she would have stayed a few more years and that she loved her job. However, she says didn't know if her pension plan and health benefits would still be fully funded and decided to retire now. Gov. Chris Christie's (R-N.J.) spokesperson says benefit reform is still a possibility.