Archive for Tag: pension investments

DePhillips supports ban on public pension investments in Chinese pharmaceuticals

MIDLAND PARK, N.J. – Assemblyman Chris DePhillips decided to introduce a pension divestment bill earlier this week after hearing complaints from leaders within the New Jersey pharmaceutical industry. “The outbreak has really become a wake-up call for the state and industry,” said DePhillips (R-Bergen). “New Jersey is supposed to...

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Murphy’s pension underfunding illuminated during budget hearing

TRENTON, N.J. – The state’s pension problem, and that Gov. Phil Murphy is not doing better than the path former Gov. Chris Christie paved, was questioned during an Assembly budget hearing with state Treasurer Elizabeth Muoio Wednesday. Assemblyman Ned Thomson, an actuary who has administered more than 500 pension...

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