The New Jersey Principals and Supervisors Association is deeply disappointed in today’s New Jersey Supreme Court’s ruling to uphold the 2011 law freezing the Cost-of-Living Adjustments for retired workers. “We firmly disagree with the Supreme Court’s decision,” said NJPSA Executive Director Pat Wright. “These COLAs were earned as part of the overall compensation to the school employees who dedicated their careers to the students of New Jersey.
“Today’s decision tells public servants that commitments between the State and public workers are one-sided – in favor of the State. Therefore, it is critically important that NJPSA and its members continue to vociferously advocate with all means at our disposal. We strongly support the proposed Constitutional Amendment phasing up to full funding and mandating quarterly payments by the State into the pension systems. We urge every legislator to vote in support of this Constitutional Amendment so that it is on the ballot this November. If the Court will not force the State to live by its agreements, let’s make sure the NJ Constitution does.”
“We also call on New Jersey voters to support our educators and other public servants who have committed their careers to serving New Jersey’s residents. It is the right and fair thing to do.”