The Pension System is in crisis to the tune of 100 billion. It is underfunded we got future unfunded liabilities. Governor Chris Christie talked about it today. He had couple of solution, the question is goff for, you have been in office for eight years. Where were these solutions sneap Ashley Johnson has all the details. Ashley, what do you got for us . New jersey governor Chris Christie at News Conference wednesday issued a warning to the sk sores democrat phil murphy about the dire state of the state pension fund system. New jersey is more than 100 million in the hole to pay for current and future retirement benefits. Lets get rid of the myth which started was Public Employees underpaid. You know . We have the highest paid Police Officers in america. We have think highest paid firefighters in america. We have a month of features in america. Where are they suffering exactly . And most of those public make more than all of you . Special commission on Public Pensions and Health Benefit
Well give you a preview just ahead. Jonathan also, youll have to dodge rain drops today. It wont be a washout. Meteorologist Jennifer Schack will tell us when well need the umbrella in cincinnatis most accurate forecast. It is saturday, march 5, 2016. This is news 5 today. [captioning made possible by wlwttv] jonathan good morning. Welcome to news 5 today. Thanks for joining us on this saturday morning. Im jonathan hawgood. This is meteorologist Jennifer Schack. How are you . Jennifer good. You . Jonathan im fine. Im worried about richard. Hes got a can of beer in his hand out there. Were talking about rain drops. Is it going to be this morning . Jennifer theres a light mixy type stuff moving through. Well be quiet for a few hours and then rain drops for midday. Probably 11 00 a. M. , noon, 1 00 p. M. Jonathan thats good timing for the race. Jennifer the race at 10 00. It will probably be the middle spot thats a little quiet. Still cloudy and cool. Jonathan we dont want it to be its bo
This morning, two 14yearold students are facing charges connected to the shooting that happened at madison junior senior high this week. Wlwt news 5s emily wood has the message being sent. Reporter as Madison Junior Senior High School tries to move forward, more charges bring to light the importance of see something, say something. Butler county sheriff Richard Jones says the shooter, austin hancock, showed his gun to two classmates monday morning. But they never reported it. They might feel like its like being a snitch. Its your life. You dont want to hend up going to court and being stuck with Something Like this. Reporter the 14yearolds are facing failure to report a crime. The defense attorney, Mark Krumbein, said they cant be tried as adults but could face jail time or a variety of punishments. They could be placed on home details, fines and costs, put on probation, things of that nature. So the possible punishments are different than in the adult system. Reporter sheriff jones ha
Emily the 14yearold boys are now facing failure to report a crime, a misdemeanor in the 4th degree. Defense attorney Mark Krumbein says they cannot be tried as adults but could face jail time or a variety of other punishments. They could be placed on home incarceration, given work details, fines and costs, put on probation, things of that nature so the possible punishments are different than in the adult system. Emily sheriff jones has yet to release a motive but says hancock took the gun from a relative two days before the shooting. Parents in the area say if his classmates had reported it, monday may never have happened. I mean they are 14 but they know right from wrong. You start learning right from wrong when you turn 12, ok, so they know. Emily both the sheriff and defense attorney stressed the conversation with your children knowing the laws when it comes as well as knowing the laws when it comes to school safety. Reporting live in hamilton, ew, mily woods. Sheree defense attorne
Points. At 1969. Bouncing off of some pretty strong support according to some traders today. The nasdaq has done well. Up 54 points right now. At 4484. Lets show you the russell. Thats been the laggard lately and it is again today and 1 gain. You cant quibble with that. Trading at 1107. Just a little context there, perspective. I think that the s p and the dow about 2 away from the record highs. Right . So, you know, keep on watching until the close because these markets are absolutely soaring today. After that better than expected payroll number this morning so the move coming two days, though, after 200point drop. Remember that move telling you about . We want the know what you think and whether or not you think the selling in this market is overfover for now and let us know what you think. Showing you that vote as you can see discussing things. Yes. We call it i pow wow. Yes, we do. Joining us now on the closing bell exchange, sunny, rob morgan, doug gordo and of course our very own