Phil Murphy on Social Security

	Phil Murphy on Social Security

Divest NJ pension fund from private equity

Phil will put the interests of New Jersey's working and middle-class families ahead of Wall Street by:

Creating a public bank to invest in Main Street, so that NJ money is put to work for NJ, not for Wall Street;
Divesting our pension funds from hedge funds and private equity;
Establishing a state-level Consumer Financial Protection Bureau and strengthening existing regulations in light of President Trump's efforts to roll-back the federal Dodd-Frank Wall Street reform law.

Source: 2017 N.J. gubernatorial campaign website, Murphy4NJ.com , Jun 6, 2017

Evaluate state pension system for growing unfunded liability

New Jersey currently carries a $43 billion unfunded pension liability. This has been created almost entirely by the state's failure to make its annual contributions. Eleven years ago, Phil Murphy chaired the first commission to evaluate the state's pension system in light of a growing unfunded liability. One of our primary recommendations was that the state must meet its funding obligations going forward. Eleven years later, the problem has only grown worse. We must get our pension funds back on track to solvency--starting with the state living up to its commitments. As Phil said in 2005, when Governor Codey appointed him to chair an effort to address our pension problems, "a constitutional amendment guaranteeing state pension contributions should be part of the solution--but the solution must be comprehensive and ensure a reasonable payment schedule." Source: 2017 New Jersey Gubernatorial website, Murphy4NJ.com , Sep 19, 2016

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*Other governors on Social Security:*			*Phil Murphy on other issues:*
*NJ Gubernatorial:* Doug Steinhardt Hirsh Singh *NJ Senatorial:* Andy Kim Curtis Bashaw George Helmy Hirsh Singh Rik Mehta Robert Menendez Stuart Meissner Tammy Murphy	*Gubernatorial races 2025:* *New Jersey Governor:* Democratic primary June 10, 2025: Ras Baraka, Mayor of Newark (2014-present) Steven Fulop, Mayor of Jersey City (2013-present) Josh Gottheimer, U.S. Rep. NJ-5 (since 2017) Mikie Sherrill, U.S. Rep. NJ-11 (since 2019) Stephen Sweeney, N.J.Senate President (2010-2022) Republican primary June 10, 2025: Jon Bramnick, State Senator (since 2022); Minority Leader (2012-2022) Jack Ciattarelli, State Assemblyman (2011-2018), governor nominee (2021) Edward Durr, State Senator 3rd district (2022-2024); withdrew *Virginia Governor:* Democratic primary June 17 cancelled: Abigail Spanberger, U.S.Rep., VA-7 (2019-2024); Dem. nominee 2025 Levar Stoney, VA Secretary of the Commonwealth (2014-2016); (withdrew to run for Lt. Gov.) Republican primary June 17 cancelled: Winsome Earle-Sears, Lt. Gov. since 2022; GOP nominee 2025 Amanda Chase, State Senate District 11 (2016-2023); failed to make ballot Denver Riggleman, U.S.Rep. (R-VA-5); exploratory committee as Independent Glenn Youngkin, Incumbent Governor , (2022-2025), term-limited	*Mayoral races 2025:* *NYC Mayor Democratic primary June 24, 2025:* Adrienne Adams, speaker of the City Council Andrew Cuomo, former governor of New York, 2011-2021. Republican June 24 primary cancelled; general election Nov. 4: Eric Adams, incumbent Democratic mayor running as an independent Jim Walden, Independent; Former assistant U.S. Attorney Curtis Sliwa, Republican; CEO of the Guardian Angels *Jersey City Mayor (Non-partisan)* Non-partisan general election Nov. 4: Mussab Ali, former president of the Jersey City Board of Education Bill O'Dea, Hudson County commissioner (since 1997) Jim McGreevey, former N.J. Governor (2002-2004) James Solomon, city councilor (since 2017) Joyce Watterman, president of the Jersey City Council (since 2023) *Oakland CA Mayor* Non-partisan special election April 14, 2025: Barbara Lee, U.S.Rep CA-12 (1998-2025) Loren Taylor, Oakland City Council (2019-2023), lost general election Sheng Thao, Oakland Mayor, lost recall election Nov. 5, 2024	Abortion Budget/Economy Civil Rights Corporations Crime Drugs Education Energy/Oil Environment Families/Children Foreign Policy Free Trade Govt. Reform Gun Control Health Care Homeland Security Immigration Infrastructure/Technology Jobs Local Issues Principles/Values Social Security Tax Reform War/Iraq/Mideast Welfare/Poverty [Title9]