New Jersey Supreme Court approves Chris Christie's pension cuts

Chris Christie
(Image credit: Alex Wong/Getty Images)

On Tuesday, New Jersey's Supreme Court decided to allow Gov. Chris Christie's hefty cuts to the state's public pension system, reversing a lower court ruling.

Last year, because of a revenue shortcoming, Christie slashed $1.6 billion in state contributions to the pension system, which is already woefully underfunded.

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Stephanie Talmadge

Stephanie is an editorial assistant at TheWeek.com. She has previously worked for USA Today and Modern Luxury Media.