New Jersey Treasurer Andrew Eristoff Thursday named Gov. Chris Christie’s pension and benefit reform initiative as among the state’s top fiscal priorities during a Municipal Forum of New York luncheon.

Along with facing rising retirement costs, Eristoff said his office has plans to strengthen the Treasury Department’s division of taxation, address $1.3 billion of letters of credit on state debt that will expire in early 2011, and help craft a strategy in the coming weeks to replenish the New Jersey Transportation Trust Fund. The fund will run out of revenue and bonding capacity before July 1.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.