The Christie pension reform plan consists primarily of the following three initiatives:
1) rolling back a 9 percent increase that was granted for 2011
2) raising the retirement age to 65
3) requiring that all employees pay 8.5 percent of their salary to the pension. To help fulfill the massive $66.8 billion unfunded promise to future and current employees for lifetime health benefits, the Governor proposes that employees pay 30 percent of their health care costs by 2014, up from the current level of 8 percent, but still below the 34 percent that the average federal worker pays.