Jersey City is the only city in the state with its own pension system, and - like the state pension system - ours was recently in distress too.
We could have taken the approach that others have tried: Renege on our promise to workers. Balance our budgets on the backs of working families. Strip older workers of security at the time they need it most.
We could have done that... but then again, we believe in keeping our promises.
The Fulop Administration hasn't made excuses.
We've met our pension obligations every year - and began to right the ship.
Our pension system is more secure than when we started. And that's true for the workers who rely on it too.