Sweeney releases more details of pension-benefits reform bill

TRENTON – Following the announcement of an unwritten, highly-debated pension and benefit reform compromise last week, state Sen. President Steve Sweeney (D-3), of West Deptford, released more details on the superbill today.

Among the information shared by the Senate Majority Office is a comparison chart that shows the differences between Sweeney’s two initial reform offerings, Gov. Chris Christie’s initial reform proposal, and the final compromise bill that they both regaled last week.

The Assembly is not yet onboard with the reforms, and sources said an alternative pension bill that addresses the specific needs of public safety employees could come down today.

The alternative pension bill is sponsored by Majority Leader Joe Cryan (D-20), of Union Township, and Assemblyman Jason O’Donnell (D-31), of Bayonne.

The Sweeney/Christie bill information is attached below.

Sweeney releases more details of pension-benefits reform bill