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Review_June2016
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EDUCATION NEWS<br />
Emerge New Jersey holds “Building the Bench” breakfast<br />
NJEA played host for Emerge New Jersey’s first-ever Building the<br />
Bench Breakfast on May 3.<br />
Emerge New Jersey identifies, trains and encourages women to<br />
run for office, get elected and seek higher office.<br />
Deb Howlett, the communications director for the American<br />
Civil Liberties Union and an award-winning reporter, moderated<br />
a panel discussion of prominent female New Jersey legislators.<br />
The panel included Sen. Linda Greenstein, D-Mercer, Sen. Nellie<br />
Pou, D-Passaic, Assemblywoman Pamela Lampitt, D-Camden, and<br />
Assemblywoman Sheila Oliver, D-Essex.<br />
Each panelist shared her journey to elected office and the<br />
challenges they overcame.<br />
“The road to becoming the first woman to represent the 14th<br />
Legislative District in the Senate has not been without challenges,<br />
but it has been very rewarding for me,” said Greenstein. “I believed<br />
I could be a senator and a wife and a mother, and I am.”<br />
Following the panel, Emerge New Jersey honored four women<br />
for their efforts of “building the bench” around the state:<br />
• Princeton Public Affairs Group Partner Sonia Delgado<br />
• McManimon, Scotland & Baumann, LLC General Partner<br />
Lillian A. Plata<br />
• NJEA Government Relations Director Ginger Gold Schnitzer<br />
• Hoboken Mayor Dawn Zimmer<br />
“Each honoree is a supporter of Emerge New Jersey and its<br />
efforts to change the face of New Jersey politics by identifying,<br />
training and encouraging Democratic women to run for office. We<br />
owe them a great debt of gratitude and thank them for building<br />
the bench in the state,” said Emerge New Jersey Executive Director<br />
Truscha Quatrone.<br />
The breakfast drew a crowd of more than 70 Emerge New Jersey<br />
supporters from around the state, including Senate President Steve<br />
Sweeney.<br />
“I want to congratulate Emerge New Jersey for the role it has<br />
played in helping New Jersey’s Democratic Party expand the role<br />
of women in politics,” Sweeney said. “The truth is that we live in<br />
an incredibly fractured time in politics. If my experience has<br />
proven anything, it’s that increasing the involvement of women in<br />
our state political circles will have a constructive and thoughtful<br />
impact on the way we govern in New Jersey.”<br />
Assembly Speaker Vincent Prieto also spoke to attendees about<br />
the importance of building the bench in their communities and<br />
empowering more female leaders. Speaker Prieto emphasized the<br />
value female leaders bring to organizations and thanked Emerge<br />
New Jersey for the work it is doing to develop more qualified<br />
Democratic female leaders in the state.<br />
Emerge New Jersey provided this article. Learn more about the<br />
organization and the opportunities it affords at emergenj.org.<br />
Emerge New Jersey’s Building the Bench event drew experienced leaders and rising stars<br />
together to encourage and prepare women to run for elective office. From left: NJSEA<br />
member Colleen Curren, NJEA Vice President Marie Blistan, NJEA Secretary-Treasurer Sean<br />
M. Spiller and Emerge NJ Vice Chair Lori Price Abrams. For more photos from the Building the<br />
Bench Breakfast, visit the Emerge New Jersey Facebook page.<br />
PENSION UPDATE TOTAL PENSION FUND: $68.61 BILLION<br />
The totals below reflect market values as of Feb. 29, 2016, and for comparison,<br />
Dec. 31, 2015. The figures, which are rounded, may not reflect the<br />
current market values of some alternative investments through the period<br />
noted, due to lags in reporting under industry standards.<br />
Feb. 29, 2016 Dec. 31, 2015<br />
Market Value Asset Market Value Asset<br />
($ billions) Allocation ($ billions) Allocation<br />
Global Growth $39.05 56.91% $42.19 58.84%<br />
Income $14.53 21.17% $14.89 20.76%<br />
Real Return $5.42 7.9% $5.51 7.69%<br />
Liquidity $5.26 7.66% $4.60 6.42%<br />
Risk Mitigation/Capital Preservation $3.54 5.16% $3.63 5.06%<br />
Other $0.81 1.19% $0.88 1.23%<br />
Total $68.61 100% $71.69 100%<br />
Real Return<br />
7.9%<br />
All reports and financial statements are posted on the Division of Investments’ website at www.nj.gov/treasury/doinvest/index.shtml.<br />
Income<br />
21.2%<br />
Liquidity<br />
7.7%<br />
Risk Mitigation<br />
5.2%<br />
Other<br />
1.2%<br />
ASSET ALLOCATION | FEB. 29, 2016<br />
Global Growth<br />
56.9%