10/27/2008
New Jersey’s workers’ compensation system will be tougher on companies and employees who try to “game the system,” Senate Labor Committee Chairman Paul Sarto told A.M. Best Company, which rates the stability of government bonds and other financial instruments.
10/27/2008
Gov. Jon Corzine signed into law a new benefits package for state employees that raised the retirement age from 60 to 62 and increased the minimum salary workers must earn before being eligible for pension benefits. Now state government employees must earn at least $7,500 per year to qualify for a pension. The previous minimum was $500.