Christie Pension Moves Increase Public-Worker Retirements - Bloomberg

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Christie Pension Moves Increase Public-Worker Retirements - Bloomberg:

"New Jersey Governor Chris Christie’s proposals to cut pension benefits and raise government workers’ health-insurance payments contributed to a 60 percent jump in retirements in 2010 as more than 20,000 people filed to leave.

The number of applications is the most in at least a decade, according to data from the state Treasury Department. Teacher retirements surged 95 percent, the largest increase of any public-sector group, as 7,132 educators submitted papers last year, up from 3,663 in 2009."

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