By Seth Grossman.
The NJEA Teacher’s Union Has Been Lobbying For A Constitutional Amendment To Mandate New Property Tax For Its Pensions Since 2016!
The NJEA Teacher’s Union is using all of its resources to support Democrat Mikie Sherrill for Governor. That includes getting high school seniors and community college students to vote for her. That is because Sherrill made a “commitment” to bail out New Jersey’s insolvent teacher pension system.
NJ Teacher Pension Funds, like all NJ public employee pension funds, have been insolvent for years. That is because the NJEA and other unions rigged the system. They arranged for teachers to get low salaries and make small pension contributions for most of their careers. Then they got big pay hikes just before they retired. New Jersey pensions are based on the highest salaries of employees just before retiring. They are NOT based on contributions to the pension system. That allowed many public employees to get pensions worth far more than they paid for.
During the late 199s, Robert Codey, brother of Democratic State Senator Richard Codey, earned less than $40,000 per year during most of his career. However, he got several fat political jobs during the years before he retired. He retired at age 56 with a $100,000 per year pension! Many Atlantic City lifeguards stayed on payroll until the snows of December to double their pensions just before they retired. Many police officers in small towns are promoted to Chief just before they retire to “juice-up” their pensions.
By 2014, the New Jersey pension funds were $52 billion short of what they needed to pay what they promised. Retirees were paid with current contributions of working employees–not their contributions and fund income. It was run like a Ponzi or Bernie Madoff scam. In 2014, the CWA state workers union and the NEA (Part of the NJEA Teachers’ Union) sued the State. They want the Court to mandate massive tax increases to fund the pension shortfall. However, the court denied their request. The New Jersey State Constitution states that taxpayers cannot be forced to pay debts unless voters approve them with a referendum vote. New Jersey voters never approved these pension debts. Click Here For Link To Original Post by CWA: CWA Sues Christie on Pension Fund Grab | Communications Workers of America
In 2016, the NJEA demanded that the Legislature bail out the insolvent pension funds with massive new tax hikes. They demanded that a State Constitutional Amendment requiring such taxes be put before the voters in a State Referendum. That proposed Amendment was much like the Amendment that requires automatic hikes in the gas tax to bail out the insolvent New Jersey Transportation Trust Fund. The proposed State Constitutional Amendment to bail out pensions would mandate a new state tax on real estate. It would be a new state property tax on top of the county, local and public-school real estate taxes we already have. At that time, Democrat Steve Sweeney was President of the New Jersey State Senate. When Sweeney refused to support the Teacher Pension Bailout, the NJEA went to war against him. In 2017, the NJEA gave more than $16 million to Sweeney’s Republican opponent.
Click Here For Details in Insider NJ Post of October 19, 2017: NJEA Targeting Sweeney Should Signal the End of Taxpayer Subsidies For the Teacher’s Union – Insider NJ
See Also: The NJEA’s Battle With Sweeney Cost $18.7 Million, Likely a U.S. Record | | Observer
In 2021, the NJEA finally defeated Sweeney.
Above Image: From October, 2025 Issue of NJEA Review, the official magazine of the New Jersey Teacher’s Union. The NJEA is the most powerful political organization in America. New Jersey state law forces all 103,000 New Jersey public school teachers to pay roughly $1,000 to the NJEA every year. This gives the union roughly $100 million each year to support or bully politicians in New Jersey and all over America.
Now with Sweeney out of the way, they are supporting Democrat Mikie Sherrill for NJ Governor. They are confident that she will give them their State Constitutional Amendment. That will mandate an additional statewide yearly tax on real estate with automatic increases–just like with the gasoline tax. This will increase and bail-out their insolvent pension funds just like the gas tax increased and bailed out the insolvent NJ Transportation “Trust” Fund.
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PEOPLE WILL LEAVE IN DROVES…
PEOPLE WILL EITHER LOSE THEIR HOMES OR LEAVE IN DROVES