On August 31, all of New Jersey’s public sector unions joined together to file a lawsuit against the State of New Jersey regarding the changes made to our pension plans in the pension/healthcare legislation. We believe that our strongest argument is that the change to current active members and retirees eliminating the COLA is unconstitutional, as our members have been made certain promises concerning benefits, which cannot be reduced. This, combined with the fact that the State is still not making full payments to the plan despite the workers fulfilling their contractual requirements, violates both the New Jersey and United States Constitutions.
We are meeting with other organizations that are considering joining in the lawsuit as amicus as well.
Active members of the pension plan will begin paying 6.5% of pay toward the PERS/TPAF plans in October.
For more information about the lawsuit, please click here.