BUSINESS REPORT

Study finds waste and abuse in government benefit programs

BY Rhonda Schaffler, Correspondent |

Benefit programs for local government workers are rife with waste and abuse and it’s costing New Jersey taxpayers millions of dollars each and every year.  That’s the gist of a report from the State Commission of Investigation, which is a government watchdog group. The report found some workers are collecting tens of thousands of dollars for unused sick time or are getting big retirement payouts for their unused time.

JCP&L is seeking to raise electricity rates by 8.5%.   That would add a little bit less than 9 dollars a month to the average residential bill.

A pipeline company is seeking regulatory approval to extend the Transco pipeline into New Jersey.  Williams Companies has sought approval in the past, but regulators denied the request.