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WOND News - VNC News

Retired Police, Firefighters In NJ To Receive One-Time Payment

Thousands of retired New Jersey police officers and firefighters are expected to receive a one-time $3,700 payment before the end of the year, but the long-running battle to restore annual cost-of-living increases to their pensions remains unresolved. According to SouthJerseyNewsBeat.com, State Sen. Michael Testa, R-1st, says New Jersey needs to find a way to restore those increases, which were suspended in 2011 as part of sweeping pension reforms.During an appearance Wednesday, Oct. 7, on The AC Mike Lopez Show on News Talk 1400 and 92.3 WOND, Testa said he has been meeting with law enforcement organizations and other stakeholders to determine how the state can fulfill what he considers a longstanding commitment to retirees.

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