Earlier today DCA sent your Chief Financial Officer the following information from the Division of Pensions. Since this has major finacial implications on local budgets I wanted to make sure that you and your governing bodies also received it.
Dear Chief Financial Officer:
The Division of Pensions and Benefits has released FY 2010 employer billing information for local employers for PERS and PFRS. The tables are online at www.state.nj.us/treasury/pensions/2010-employer-billing.htm.
The FY 2010 tables do not show FY 2009 information because of the impact of pension deferral. The 2009 billing information is on-line at www.state.nj.us/treasury/pensions/2009-employer-billing.htm for those who want to contact to view that.
The information in the FY 2010 table can be used in the preparation of CY and SFY 2010 budgets.
Thank you for your attention to this.