TRENTON — Budget cuts and anxiety about possible changes in pension rules seem to be fueling an increase in the number of teachers who are retiring in New Jersey. Nearly 6,500 school employees have filed for retirement this year. That's almost double the number for all of last year. Some 5,106 submitted papers for their retirements to take effect...
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In March, New Jersey Gov. Chris Christie (center) signed a series of state pension reform bills into law at his Statehouse office immediately after they were approved by the state assembly and senate. TRENTON — Budget cuts and anxiety about possible changes in pension rules seem to be fueling an increase in the number of teachers who are retiring in New Jersey.
Nearly 6,500 school employees have filed for retirement this year. That's almost double the number for all of last year.
Some 5,106 submitted papers for their retirements to take effect in July.
The Christie administration earlier this month temporarily delayed plans to push for changes to teachers' pensions and retirement medical benefits.
The proposals included charging for free post-retirement health insurance and changing the way pensions are calculated.
Previous coverage:
• Gov. Chris Christie's pension, benefits cuts could prompt 29K N.J. teachers to consider retirement
• N.J. Gov. Chris Christie signs pension, benefits changes for state employees
