Christie's plan to use lottery for pensions raises questions
The proposal centers on contributing lottery revenues to what Christie called eligible pension plans — the state oversees a number of funds including teacher, public worker and police and fire.
When you take an asset that actually has constitutional responsibilities and taking that net worth and use it for unfunded liability.
Proceeds go to a handful of state departments for various programs, including education, veterans affairs and human services.
Specifically the lottery funds a school for the deaf, nonpublic school aid, school construction, higher education tuition grants and housing for disabled members of the armed forces.
At the moment, public unions give him low grades, and Christie used part of his annual budget address Tuesday to point out his administration paid more to the pension than the last five governors combined.