Judge upholds suspension of pension increases for N.J. public employees

Star Ledger ^ | May 29, 2012 | By MaryAnn Spoto

[Reeses]

you won’t be staying around New Jersey in retirement, but probably moving down to a cheaper living state (Tennessee or Mississippi).

One third of local tax collections will be going out of state to government retirees, never to be seen from again. That wealth drain will destroy the local economy. NJ has to figure out some way to keep old government hirelings from taking the economy with them.