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Assets cover just 30 percent of what’s needed for

up for New Jersey “New Jersey’s pension system may have already reached an unfixable tipping point,” the report notes. That echoes the thoughts of a financial analyst who warned, back in 2015, “You can’t grow your way” out of so vast a hole, even with higher investments. “It’s almost mathematically impossible to close the [funding]Continue reading “Assets cover just 30 percent of what’s needed for”

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