'No jail time for ex N.J. pension fund boss

for ex N.J. pension fund boss

Laufenberg, 72,

of Wall Township, to six months of home confinement and ordered him to pay a fine

“Today’s sentencing sends

an important message to all those entrusted with protecting benefit plan assets,” New

Department of

Labor’s Employee Benefits Security Administration said in the statement

“Regardless of

title or position, the Department of Labor will hold fiduciaries to the highest standards of

Laufenberg was

responsible for the clean administration of the pension fund on behalf of the union members

Laufenberg used his

power to steal from the benefit plans and give himself “unapproved and improper” pension

He also

filed a form on which he falsely denied he that he was moving the annuity

Chris Christie

nominee, in 2014, to the Board of Commissioners of the Port Authority of NY & NJ

He held

the position for three years before being replaced by Caren Turner

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Miss Manners: Is it

rude to correct other people’s pronunciation,