Number of NJ school retirees nearly doubles
(AP) - Budget cuts and anxiety over possiblechanges in pension rules seem to be fueling an increase in thenumber of teachers who are retiring in New Jersey.
Nearly 6,500 school employees have filed for retirement thisyear. That's almost double the number for all of last year.
Some 5,106 submitted papers for their retirements to take effectin July.
The Christie administration earlier this month temporarilydelayed plans to push for changes to teachers pensions andretirement medical benefits.
The proposals included charging for free post-retirement healthinsurance and changing the way pensions are calculated.