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Christie vetoes bill turning N.J. pensions over to unions
NJ.com: TRENTON -- Balking at what he called a "blank check," Gov. Chris Christie on Monday conditionally vetoed a bill that would have given police and firefighters control over the future of their $26 billion pension fund.
He said he would only allow it if lawmakers enact a series of revisions -- including one to cap sick time payouts that can send workers into retirement with six-figure "golden parachutes."
Those provisions prompted police and firefighter unions to accuse Christie of trying to kill the legislation.
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