Conference to Explore NJ’s Historic Pension Changes

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NEWARK – The historic changes made to New Jersey’s public employee pension and benefits system will be the focus of a Sept. 30 forum sponsored by Rutgers University’s School of Public Affairs and Administration and the Hall Institute of Public Policy – New Jersey.

The forum, “Has NJ Solved the Pension & Retirement Health Benefit Problem? What Was Actually Accomplished & What Is Facing Other Governments?,” will take place at Rutgers’ Newark Campus in the Paul Robeson Campus Center – Multi-Purpose Room, 350 Martin Luther King, Jr. Boulevard. It will start at 9 a.m.

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Fiscal experts will explore the changes that were made, including the impacts on state and local government budgeting, employees and labor relations, retirement and health systems and credit ratings for the state and its jurisdictions, as well as the long-range impact on the finances of the state.

In addition, speakers will review the New Jersey changes within the framework of what is happening in other states as viewed by the Pew Center of the States and Fitch Rating Agency – as well as actions being considered in New York City as viewed by the Independent Budget Office of the City of New York.

Speakers will include:

  • Susan Urahn, Managing Director, Pew Center on the States, The Pew Charitable Trusts
  • Andrew P. Sidamon-Eristoff, Treasurer, State of New Jersey
  • Dr. Ronnie Lowenstein, Director, Independent Budget Office for New York City
  • Richard Raphael, Executive Managing Director, Fitch Rating Agency
  • Dr. P. Kelly Hatfield, Chair/CEO, Public Employment Relations Commission (PERC)
  • Fred Beaver, Pension Services, Church Pension Group and former Director, NJ Division of Pensions and Health Benefits

The pension forum is the second collaboration between the Hall Institute and the Rutgers School of Public Affairs and Administration. The two organizations co-sponsored a conference on New Jersey’s gaming industries in March.

The Sept. 30 pension conference is free and open to the public. To register, click here. For additional information, email conference@hallnj.org or melar@andromeda.rutgers.edu.

 


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