A New Jersey lawmaker is trying to sell his plan for fixing one of the nation's worst-funded pension systems. (Photo: Shutterstock)
(Bloomberg) –New Jersey's top-ranking lawmaker is counting on turning around the state's budget-choking pension system by tapping homeowners' disgust with paying the highest property taxes in the nation.
“If we can click with the public and they get angry, we've got to channel that anger to demand solutions,” Senate President Steve Sweeney, a Democrat from West Deptford who has flirted with running for governor, said in a Thursday interview in Bloomberg's Princeton office.
Recommended For You
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
