UPDATE 1-New Jersey Supreme Court to take up pension funding appeal

April 6, 2015 5:20 PM

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April 6 (Reuters) - The New Jersey Supreme Court on Monday agreed to hear the state's appeal of a lawsuit over pension contributions, a case with billions of dollars of public funding at stake and the end of a budget year looming.

Governor Chris Christie's administration last week asked the state's highest court to take up the appeal directly after losing a key decision in a lower court.

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