The board of New Jersey's biggest pension fund voted June 18 to sue New Jersey Gov. Chris Christie over his announced intention to contribute less to the state's pensions.
In May Christie said the state should contribute $1.38 billion to the pensions this fiscal year and next. This would be about $2.5 billion less than the $3.8 billion that Christie had agreed in 2011 to contribute for these fiscal years.
The decision by the board of the Public Employees' Retirement System mirrors the earlier decision by the board of the Police and Firemen's Retirement System to sue the governor.
Both decisions also follow the decision by several public employee unions to sue the governor over his new plans for reduced payments.
The unions are using Loccke, Corriea, Linsky, & Bukosky of Hackensack. This firm has filed suit in Vicinage 7 Superior Court in Mercer County.
The pension boards have not yet contacted the law firm about possibly joining the unions' suit, said Leon Savetsky, senior attorney at the firm.
