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View Full Version : Study: NJ teacher pension fund underfunded by $15 billion (The Record and Herald News



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April 2nd 2009, 06:50 PM
The pension fund for New Jersey’s teachers is now underfunded by at least $15 billion, according to an actuarial report released Thursday. That means if the state were to be asked for all it is obligated to pay right now on teacher pensions it will come up more than 25 percent short.

More... (http://us.rd.yahoo.com/dailynews/rss/search/actuarial/SIG=13jgvkjv0/*http%3A//www.northjersey.com/education/educationnews/Study_NJ_teacher_pension_fund_underfunded_by_15_bi llion.html)