The management structure New Jersey uses to invest state pension funds needs to be seriously re-examined, according to a study released this by the Hall Institute. The study was based upon a review of public documents and records, as well as interviews with fiscal experts from the private and public sectors.

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The Hall Institute is a non-partisan, not-for-profit foundation established to explore social, economic, educational and cultural issues. Our weekly email newsletter is sent to organizations and individuals with an interest in the material posted on our website at www.hallnj.org.

Since its inception in 2005, the institute has emerged as a leading voice for public policy in New Jersey. More than 400 papers, on topics ranging from health care to education to property taxes, have been posted on our website.

In 2006 and 2008, the institute presented online Virtual Debates among the candidates in New Jersey's U.S. Senate race. We also sponsored NJ2008, a special section on New Jersey's role in the 2008 presidential campaign.

In addition to our other activities, the institute also has published two books -- The State of the Garden State and Reaction and Reform in New Jersey. Both are compilations of the major papers posted on its website.

Located in Trenton directly across from the New Jersey State House, the institute was established by George E. Hall, a successful business executive and a leading philanthropist who lives in Middletown, N.J.