LETTER – O’Scanlon Commends Transparency of Pension Investment Finances

Assembly Republican Budget Officer Declan O’Scanlon, R-Monmouth, released the following statement regarding the fees and performance of New Jersey’s pension investments.

 

“We need to put this unfounded criticism to rest once and for all. New Jersey’s investments are more transparent than almost any other state in the country and performing better than other pension systems. Our investments are out-earning our peers and we pay below average expenses for operating such a large public pension system.”