Will New Jersey Government Workers Have to Work Until 62?

The Star-Ledger reports:

A bipartisan legislative panel is expected tomorrow to recommend raising the retirement age from 55 to 62 for new state workers and requiring all state employees to contribute more to their health insurance plans.

The panel's final report also will recommend a switch to 401(k)-style retirement plans, instead of traditional pensions, for future elected, appointed and part-time officials. And it may call for retired state employees with relatively high incomes to contribute to their post-retirement medical insurance.

55 to 62.Amazing.