Correction
Moody’s analyst Ted Hampton views New Jersey’s post-recession pension cost of living adjustments as signficant for the state retirement system, but faced weaker-than-anticipated market performance and a growing number of retirees eligible for benefits. The context of his views was not clear in the original version of the story.
September 19, 2022 3:04 PM EDT
Correction
Moody’s analyst Ted Hampton views New Jersey’s post-recession pension cost of living adjustments as signficant for the state retirement system, but faced weaker-than-anticipated market performance and a growing number of retirees eligible for benefits. The context of his views was not clear in the original version of the story.
September 19, 2022 3:04 PM EDT
This article was originally published by Bondbuyer.com. Read the original article here.