*SMLR-Net, the source of selected news on labor and employment relations and human resource management *

Title: New Jersey Facing Major Fiscal Crisis in Years Ahead, Blue-Ribbon Panel Reports * *Date: Dec. 14, 2012

*Source: *NJ Spotlight Author: Mark Magyar

*Summary: * New Jersey faces staggering long-term fiscal problems, with pension and health benefit liabilities, infrastructure, and other budget needs adding up to more than $200 billion in future program costs, according to a blue-ribbon budget study released yesterday. Link: http://bit.ly/YgHxjC