“The pension debt service is skewed to the out-years,” said Richard Keevey, a fellow at Rutgers University in New Brunswick, New Jersey, who was budget director for former Governor Jim Florio, a Democrat. “It starts out low and rises sharply.”
New Jersey commuters face higher transportation costs in 2025
Commuting in the Garden State will become more expensive starting in 2025. On Jan. 1, tolls on the New Jersey Turnpike, the Garden State Parkway and the Atlantic City Expressway will rise 3%. That translates to a 16-cent increase for an average trip within the state....