TRENTON, N.J. – Three public workers' pension funds are suing New Jersey for billions in damages, claiming the state government breached contracts when it contributed less than planned.
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The filing Friday is the latest volley in a more than yearlong dispute over pension contributions. They stem from Gov. Chris Christie's decision last year among a budget shortfall to veer from a pension funding plan he signed into law in 2011.
The funds' legal action was first reported by NJ.com (http://bit.ly/1U20S2f ).
The state Supreme Court has ruled that it cannot force the state to put money into the funds at a certain time, though it found that retirees are entitled to the pensions they have been promised.
Information from: NJ.com, http://www.nj.com