Top NJ lawmakers take on pension, property taxes
Public pension reform and property taxes are expected to take center stage as New Jersey’s legislative leaders come together for a public panel about the state’s future.
Assembly Speaker Vincent Prieto, Senate President Steve Sweeney as well as Republican leaders Assemblyman Jon Bramnick and Sen. Tom Kean Jr. will join a panel Wednesday at an annual conference of the state’s more than 560 municipalities.
The discussion comes as the Legislature begins a new session in January after Democrats expanded their majority and as Gov. Chris Christie seeks the GOP presidential nomination. The 2017 governor’s election is also quickly approaching.
In 2015 the Democratic-controlled Legislature and Christie failed to agree on the pension that has a nearly $80 billion unfunded liability. Lowering the state’s high property taxes has also eluded them.
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