New Jersey pension fund - Future political headaches expected

Pension reform in the Garden State is expected to become a chain around the neck of New Jersey's next governor.

The Gloucester County Times reports:

The winner of the Nov. 8 contest between Republican Douglas Forrester and Democrat Jon Corzine will need to find a way to cover the cost or to restructure perks and entitlements for state workers, one political scientist said.

"It's not a sexy issue, or one that grabs the public's attention and holds it for very long," said David Rebovich, director of Rider University's Institute of New Jersey Politics.

"But it is a top issue for the next governor and Legislature because (the cost) is likely to prevent the next governor from pursuing his agenda."

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