"chris-christie-republican"The Supreme Court of New Jersey sided with Republican hopeful and New Jersey Governor Chris Christie in the controversial law suit with public worker unions over pension cuts. It is a victory for the GOP Presidential candidate, but a loss for Americans and a blow for Pensioners’ contract rights.

This is another scandal that surrounds Christ Christie, who still has not formally announced his White House bid, but has started a political action plan. Christie has been involved in a few other scandals, including the 2013 closing of the George Washington Bridge, as well as his mellow attempts to make changes in the New Jersey economy recovery.

The Top Court has agreed with Christie on the cut of $1.57 billion from state pension funding and with that has revised a lower court ruling.

Last year only Christie has cut a state contribution to the pension system because of revenue shortfall and was funded only 44 percent in fiscal 2014.

The public sector union took the fight to court and in late February, Superior Court Judge Mary Jacobson ruled in favor of the unions, stating that a 2011 pension reform law signed by Christie makes a contract between the state and workers.

The Court has told the Republican hopeful Christie to find a solution to the problem and work with the Democratic legislature to increase pension contributions for the current fiscal year.

According to Reuters, the Supreme Court of New Jersey has overruled this decision stating “That the State must get its financial house in order is plain. The need is compelling in respect of the State’s liability to honor its compensation commitment to retired employees. But this Court cannot resolve that need in place of the political branches. They will have to deal with one another to forge a solution to the tenuous financial status of New Jersey’s pension funding in a way that comports with the strictures of our Constitution”

The Court ruled in a 5-2 vote, and according to a Reuters source, Justice Barry Albin, one of the dissenters, has stated that the decision “unfairly requires public workers to uphold their end of the law’s bargain, while allowing the State to slip from its binding commitment. Thus, public workers continue to pay into a system on its way to insolvency.”

The Unions can continue their legal fight to the Federal Court, however, they must find a new way to appeal, because of the debt limitations of the Constitution. Even though the court fight may be over, pensions remain to be one of the major political and fiscal issues of New Jersey and this court ruling has left many Americans, public employees, retirees and taxpayers in doubt of the politics of Christ Christie in a time when he is battling to improve his record.

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An avid reader, I consistently engage myself in the areas of current affairs and understanding of international relations, whilst at the same time, am interested in the area of economics and understanding the roles of economic concerns in the political economy. You can follow The Heralding on Twitter, Facebook, Pinterest & Google+. Alternatively subscribe to our newsletter to be kept up to date with the latest articles on the Heralding.

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