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Arm & Hammer Park, home of the Trenton Thunder, stands in Trenton, New Jersey, U.S., on Tuesday, March 11, 2014. New Jersey's pension system is underfunded by $52 billion after a decade of expanded benefits and missed payments, Governor Chris Christie said last month. Photographer: Ron Antonelli/Bloomberg via Getty Images

Arm & Hammer Park, home of the Trenton Thunder, stands in Trenton, New Jersey, U.S., on Tuesday,  March 11, 2014. New Jersey's pension system is underfunded by $52 billion after a decade of expanded benefits and missed payments, Governor Chris Christie said last month. Photographer: Ron Antonelli/Bloomberg via Getty Images