Christie Wins on Pension, Health Benefits Reform - HUMAN EVENTS

New Jersey Gov. Chris Christie won another major victory for his agenda last week, announcing a deal with the Democratic leadership of the legislature on a sweeping reform of public employee pensions and benefits. The deal, which was passed by the state senate on Monday and awaits a vote in the assembly, raises public employees’ pension contributions, mandates that the state make annual payments into the system, increases public employee contributions toward health insurance premiums, and ends collective bargaining for heath benefits. Should the bill eventually become law, it is projected to save the state $120 billion over 30 years."