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NJ Public Employees Retiring at Slower Pace

by Associated Press
A A
Teacher
jdlasica, flickr

Teacher retirements down by almost 50% since 2010

Records show public employees in New Jersey are retiring at a slower pace this year compared to recent years.

The state says 13,865 local and state workers are expected to submit their retirement papers this year. That's down from 19,585 last year and 20,200 in 2010 when Gov. Chris Christie began calling for health insurance and pension reforms.
 
Teachers saw the biggest jump in retirements since Christie took office, with 7,109 leaving the workforce in 2010 as Christie cut aid to local school districts.
 
Records show 3,858 teachers are expected to retire this year.
 
New Jersey Education Association spokesman Steve Wollmer tells the Statehouse Bureau of The Star-Ledger of Newark and The Record he suspects the slower pace of retirements has to do with the sluggish economic recovery.

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