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NJEA wants changes to state’s tiered pension benefits

Pending bill would rewrite changes made to bolster pension fund

01/02/2025

NJ Spotlight News

NJEA wants changes to state’s tiered pension benefits

Clip: 1/2/2025 | 4m 38sVideo has Closed Captions

Pending bill would rewrite changes made to bolster pension fund

The state’s largest teachers union is backing a bill sponsored by Sen. Linda Greenstein (D-Middlesex) that would undo major changes that granted varying levels of pension benefits based on when a teacher was hired. The tiers began in 2007, reducing benefits and increasing the retirement age almost yearly until mid-2011.

01/02/2025

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