The ONLY way to get less than in NJ if you are already retired is to change the State Constitution . That ain’t gonna happen .
“The ONLY way to get less than in NJ if you are already retired is to change the State Constitution . That ain’t gonna happen .”
I understand that - however, when the state doesn’t have the money, and can’t borrow it, and can’t get it from taxpayers, then the state will give pensioners IOU’s that will be backed by the full faith and credit of the state of NJ.