Pension confusion: Still a tough sell

The governordoesn't see the pension deferral as an issue for towns next year, but it remains likely that towns will have to find revenue to offset what will be viewed as new spending in next year's budget.

It is similar to what has happened over time at the state level — to make up the shortfall, the state needed to cut spending elsewhere or increase taxes.

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Author: hankkalet

Hank Kalet is a poet and freelance journalist. He is the economic needs reporter for NJ Spotlight, teaches journalism at Rutgers University and writing at Middlesex County College and Brookdale Community College. He writes a semi-monthly column for the Progressive Populist. He is a lifelong fan of the New York Mets and New York Knicks, drinks too much coffee and attends as many Bruce Springsteen concerts as his meager finances will allow. He lives in South Brunswick with his wife Annie. View all posts by hankkalet