State of New Jersey secondary Archives: on Social Security


Seth Kaper-Dale: State must ensure senior care

It is very important that seniors in nursing homes are treated with dignity and respect and are given the highest level of care. I would fully support legislation that increases staffing levels for those in care facilities. Proper funding of Nursing Homes, by securing Medicaid reimbursements, and providing stop-gap funding if needed, must be a state priority. If legislation came across my desk to increase funding for quality care it would not be met with a veto.
Source: 2018 New Jersey Governor website KaperDaleForGovernor.com Aug 8, 2017

Jack Ciattarelli: Limit retirement pensions for public retirees

Source: 2017 New Jersey Gubernatorial campaign website Jack4Gov.com Jan 17, 2017

Josh Gottheimer: Oppose any attempt to privatize or cut benefits

Our seniors shouldn't have to worry that their Social Security checks will always clear and that Medicare will be available. I promise to protect Social Security and Medicare for future generations and will oppose any attempt to privatize or cut the benefits of these essential programs. Instead, we should make our current programs more sustainable for future generations. Social Security and Medicare are the foundation of our retirement security; it should be a guarantee--not a gamble.
Source: 2016 New Jersey House campaign website josh4congress.com Nov 8, 2016

Phil Murphy: Evaluate state pension system for growing unfunded liability

New Jersey currently carries a $43 billion unfunded pension liability. This has been created almost entirely by the state's failure to make its annual contributions. Eleven years ago, Phil Murphy chaired the first commission to evaluate the state's pension system in light of a growing unfunded liability. One of our primary recommendations was that the state must meet its funding obligations going forward. Eleven years later, the problem has only grown worse. We must get our pension funds back on track to solvency--starting with the state living up to its commitments. As Phil said in 2005, when Governor Codey appointed him to chair an effort to address our pension problems, "a constitutional amendment guaranteeing state pension contributions should be part of the solution--but the solution must be comprehensive and ensure a reasonable payment schedule."
Source: 2017 New Jersey Gubernatorial website, Murphy4NJ.com Sep 19, 2016

Chris Christie: Do not prioritize pensions over other critical spending

The State Assembly has begun the pursuit of a constitutional amendment to guarantee pension payments over all other types of state spending. Because spending on education, health, crime, environment, welfare etc. is not guaranteed by the Constitution and is subject to elimination to pay for the pensions of 800,000 current and former public employees. The health, welfare, security and success of the other 8.1 million New Jerseyans become second-class concerns; pensions reign supreme.
Source: 2016 State of the State speech to New Jersey legislature Jan 12, 2016

Chris Christie: State pensions cut by $120B; but $90B still to go

We defied the conventional wisdom and reduced the cost [of state pensions] to taxpayers by over $120 billion over the next three decades. Today, the health of the pension system is stronger than it was 5 years ago. In fact, gains have totaled over $35 billion--which is way above projections--thanks to our sound management and smart investment strategy.

But the pension fund's problem is a long-term one. Right now the $90 billion unfunded liability for pensions and health benefits is three times the size of the annual state budget. Think of this way--in order to close the current shortfall in just the pension system alone every family in New Jersey would have to write a check for $12,000.

That is the nature of long-term entitlements which grow faster than the economy, and in that regard our problem here in New Jersey is not that different from Washington's entitlement problem. Last summer I appointed a pension and health benefits task force--to think outside the box, and they are hard at work.

Source: State of the State address to 2015 New Jersey Legislature Jan 13, 2015

Cory Booker: Opposes raising retirement age; expand entitlements

Cory Booker said he supports expanding Social Security and Medicare hours, following a press conference where his opponents challenged Booker on the issue. The Progressive Change Campaign Committee held a morning rally in Trenton with Booker's opponents pressing Booker on the Social Security issue. Later Booker took to Twitter to say that he wants to expand, not cut Social Security and Medicare, and that he opposes raising the retirement age. A week ago Booker said that he would consider voting to raise the retirement age for those in their 20s or younger.

In response to the PCCC, Booker said that he believes that tying Social Security benefits to the Consumer Price Index or a change in the retirement age would constitute cuts to the program. Booker has found himself pressed by his opponents on the Social Security issue in recent weeks, [based on] the mayor's ties to Wall Street interests. Booker has long been a recipient of campaign contributions from those in the financial services sector.

Source: Huffington Post on 2014 New Jersey Senate race Aug 1, 2013

Chris Christie: Close deficit in state retirement fund over next 7 years

SB 2 provides that beginning in 2011, the state is to make full annual employer's contribution to all state retirement systems. The state must make a payment of at least 1/7 of the full contribution, commencing July 2011, and makes a payment in each subsequent fiscal year by at least an additional 1/7, until payment of the full contribution is made.

Bloomberg News follow-up: Gov. Christie said the state may not be able to make a required pension payment. The state treasurer planned to make a $512 million contribution to the pension system in fiscal 2012, its first in four years. Christie said, "We'll make that contribution if the state is in a position to make that contribution." The governor skipped a $3 billion payment into the $67 billion fund in his first budget as he coped with a record $11 billion deficit. The fund had a deficit of $46 billion.

Legislative record:Bill Passed Assembly, 62-9-9; Passed Senate, 34-2-4, March 22, 2010. Sen. Lesniak voted YEA.

Source: NCSL Pension Report: 2010 New Jersey voting records for SB 2 Jul 30, 2010

Ray Lesniak: Close deficit in state retirement fund over next 7 years

SB 2 provides that beginning in 2011, the state is to make full annual employer's contribution to all state retirement systems. The state must make a payment of at least 1/7 of the full contribution, commencing July 2011, and makes a payment in each subsequent fiscal year by at least an additional 1/7, until payment of the full contribution is made.

Bloomberg News follow-up: Gov. Christie said the state may not be able to make a required pension payment. The state treasurer planned to make a $512 million contribution to the pension system in fiscal 2012, its first in four years. Christie said, "We'll make that contribution if the state is in a position to make that contribution." The governor skipped a $3 billion payment into the $67 billion fund in his first budget as he coped with a record $11 billion deficit. The fund had a deficit of $46 billion.

Legislative record:Bill Passed Assembly, 62-9-9; Passed Senate, 34-2-4, March 22, 2010. Sen. Lesniak voted YEA.

Source: NCSL Pension Report: 2010 New Jersey voting records for SB 2 Mar 22, 2010

Donny DiFrancesco: Reduce taxes on retiree earnings & benefits

Source: New Jersey congressional voting records Dec 25, 2000

  • The above quotations are from State of New Jersey Politicians: secondary Archives.
  • Click here for definitions & background information on Social Security.
  • Click here for other issues (main summary page).
2016 Presidential contenders on Social Security:
  Republicans:
Gov.Jeb Bush(FL)
Dr.Ben Carson(MD)
Gov.Chris Christie(NJ)
Sen.Ted Cruz(TX)
Carly Fiorina(CA)
Gov.Jim Gilmore(VA)
Sen.Lindsey Graham(SC)
Gov.Mike Huckabee(AR)
Gov.Bobby Jindal(LA)
Gov.John Kasich(OH)
Gov.Sarah Palin(AK)
Gov.George Pataki(NY)
Sen.Rand Paul(KY)
Gov.Rick Perry(TX)
Sen.Rob Portman(OH)
Sen.Marco Rubio(FL)
Sen.Rick Santorum(PA)
Donald Trump(NY)
Gov.Scott Walker(WI)
Democrats:
Gov.Lincoln Chafee(RI)
Secy.Hillary Clinton(NY)
V.P.Joe Biden(DE)
Gov.Martin O`Malley(MD)
Sen.Bernie Sanders(VT)
Sen.Elizabeth Warren(MA)
Sen.Jim Webb(VA)

2016 Third Party Candidates:
Gov.Gary Johnson(L-NM)
Roseanne Barr(PF-HI)
Robert Steele(L-NY)
Dr.Jill Stein(G,MA)
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Page last updated: Feb 12, 2018