The Christie administration has refused to agree to their own la
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Court House - The Christie administration has refused to agree to their own law about pension contribution. Christie appointees on the bench have agreed, so the pensions for state and local police, teachers, firefighters and all public employees have roughly 12 years before the money is gone. The fund was mismanaged through New York hedge fund managers, which means that they bet against their own fund in order to make money for themselves. People forget that as public employees we contributed throughout our careers and our employers matched the amount. This is disheartening to say the least!