Court has spoken but pensions remain unsettled in New Jersey

New Jersey Gov. Chris Christie speaks at the Politics and Eggs breakfast meeting at the New Hampshire Institute of Politics at Saint Anselm College,Tuesday, June 9, 2015, in Manchester, N.H. Christie is finishing a two-day swing through the nation's earliest presidential primary state as he considers a run for the Republican nomination for president.(AP Photo/Jim Cole)

By Associated Press June 10, 2015 3 min read

TRENTON, N.J. (AP) – New Jersey’s state Supreme Court ruled that it will not force the state to increase contributions to the pension funds for public workers, handing a court victory to Gov. Chris Christie as he considers whether to seek the Republican presidential nomination next year.

Tuesday’s ruling takes away what could have been a contentious scramble in the last three weeks of the current fiscal year to rework the current budget and/or proposals for the one that kicks in July 1. But it doesn’t solve the bigger issue of how the state can fulfil its obligation to fund workers’ pensions.

Here’s a look at what the ruling means for various parties.

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