NJ Cops | Page 25

NJ State PBA President Pat Colligan (center) testifies for SB3040 to the Senate Appropriations Committee alongside NJ FMBA President Ed Donnelly (right) and NJ FOP President Bob Fox (left). Good Bill Hunting Following two years of research and due diligence, the PBA brought the pension bill to the NJ State Senate and received unanimous approval n BY MITCHELL KRUGEL The financial analysts who are part of the NJ State Senate Appro- priations Committee offered enough expert commentary during the review of SB3040 on March 10 to give the chamber a feel of a Wall Street boardroom. The bill that is moving closer to becoming the law to give public safety unions control of the Police and Fire Retirement System (PFRS) pension generated talk from senators about how this was long-overdue, responsible fiscal management. When NJ Senate President Steve Sweeney, a primary sponsor of the bill, noted that there is nothing more important than giving the people who put their money into the pension the power to man- age it, and Senator Steven Oroho, a certified financial planner from Sussex County, called it fiduciarily responsible, SB3040 was well on the way to becoming a legislative home run. FMBA President Ed Donnelly, who has been taking the lead on the pension bill with the support of NJ State PBA President Pat Colligan, called the Senate Appropriations review and vote “Game 1 of the World Series.” Game 1 went to the unions with a 10-1 vote (with two absten- tions) to send SB340 to a Senate vote. Game 2 was the Senate con- sideration on March 13, when the bill was passed by a 37-0 land- slide. Game 3 initially appeared to be a tougher challenge with the State Assembly vote on March 23, so the PBA and FMBA put out a call for members to come to Trenton for a show of a support, de- termination and accountability to legislators, and to emphasize just what the bill means to them. When NJ State PBA Executive Vice-President Marc Kovar arrived in Trenton at 10 a.m., he was joined by more than 300 members, who showed up on less than 24 hours’ notice. Kovar expressed: “It was great to see so many members show up on such short notice. It shows that they continue to be engaged in the process, and how much their presence makes a difference.” The bill passed the Assembly by a 61-4 count with 10 abstentions. Following the vote, Kovar thanked the members of the NJ State As- sembly for their support, leadership and understanding of how im- portant the bill is to the police and fire community and the taxpay- ers of New Jersey. So that just leaves Game 4, the governor signing the bill into law. Now, teams tha t have taken a 3-0 lead in the World Series have gone on to win 97 percent of the time, but this is the game of NJ pol- itics, and Colligan points out that anything can happen. Still, even the PBA President confided following the Senate Appropriations Committee vote that raising the big “W” flag is more than a distinct possibility. “We’re extremely pleased that we got here this quickly,” Presi- dent Colligan stated outside of the committee meeting room at the State House in Trenton. “I think the vote is a confirmation that we assembled a responsible bill, that we did our homework, that we addressed every concern that was brought up regardless of union affiliation and that we answered everybody’s questions.” The Senate Appropriation votes of confidence validated the de- tailed research, review and writing NJ State PBA Director of Govern- ment Affairs Rob Nixon led with the help of FMBA pension consul- tant Fred Beaver, the director of the New Jersey Division of Pensions and Benefits from 2002 to 2010. Two days before the vote, Nixon presented the latest details of the bill to delegates at the NJ State PBA Mini-Convention, and it was more than apparent then that the PBA/FMBA consortium had “dotted all the I’s and crossed all the T’s,” Donnelly noted. The biggest affirmation of the sweat and cheers that went into bringing this bill forward might have come from Sweeney in his statement at the start of the Appropriations Committee review. “It’s leadership,” exclaimed the senator from Gloucester County who knows a thing or two about union pensions as the Vice-Pres- ident of the International Association of Iron Workers. “It doesn’t happen that often, so I really appreciate your willingness to step up to the plate for your members. You are really doing a service (for them).” Top of the bill Because Game 1 often dictates the outcome of a series – or per- haps because many signs point in favor of SB3040 and accompany- ing bill A99 in the Assembly, where a vote has not been scheduled as of this printing – it’s worth noting just how much support came from review and analysis in Senate Appropriations. Much of this was generated by the brief, direct, sincere testimony from Colligan, Donnelly and Nixon that echoed the PBA president’s ongoing man- tra verifying this endeavor: CONTINUED ON PAGE 26 www.njcopsmagazine.com ■ MARCH 2017 25