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Phil Murphy on Social Security

 

 


Divest NJ pension fund from private equity

Phil will put the interests of New Jersey's working and middle-class families ahead of Wall Street by:
Source: 2017 N.J. gubernatorial campaign website, Murphy4NJ.com , Jun 6, 2017

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

Other governors on Social Security: Phil Murphy on other issues:
NJ Gubernatorial:
Doug Steinhardt
Edward Durr
Hirsh Singh
Jack Ciattarelli
Jim McGreevey
Jon Bramnick
Josh Gottheimer
Mikie Sherrill
Ras Baraka
Stephen Sweeney
NJ Senatorial:
Andy Kim
Cory Booker
Curtis Bashaw
George Helmy
Justin Murphy
Robert Menendez
Tammy Murphy

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