TRENTON, N.J. – New details are emerging on New Jersey Governor Chris Christie’s proposal to transfer New Jersey’s Lottery to the underfunded pension program.

State Treasurer Ford Scudder told the Assembly Budget Committee on Wednesday, April 5th, that the lottery’s nearly $1 billion in revenues for programs like education and human services would count toward the state’s underfunded pension under a plan Christie put forward earlier this year.

Scudder stated that the programs funded by the lottery’s revenues could then be paid for through the general fund, because of savings from lower pension liabilities. He added that nothing would change for lottery customers or lottery operations if the plan goes forward.