New Jersey Gov. Phil Murphy on Feb. 25 announced a proposed budget for the fiscal year beginning July 1 that includes a $7.2 billion contribution to the state’s pension system, the fifth ...

New Jersey Gov. Phil Murphy ... administration for being the first in 25 years to fully fund the state's pension system, and criticized the state's previous leaders for "short-term, sloppy ...

A $56.6 billion spending plan for New Jersey that puts in place a new tax to fund NJ Transit, makes a full pension payment and covers the state's school funding formula was signed by Gov.