Pros
None! All gone! No pension. No Freedom. No independent thought!
Cons
Where do ya start? A company whose ego is so big it became a dinosaur because it thought it didnt have to change its antiquated way of doing business or culture. NJM was just that awesome. Cough! Now the company is desparately trying to catch up to the 20th century. Yes thats 20th because its not ready for the 21st. Better not have a brain or speak your mind. Thats a big No No! NJM life is now so stressful people are dying from it. If you make it to retirement you will probably die just a couple years later. Dont believe it? Check out the NJM memorial and retirees. Also a big feature of NJM was no surcharge for tickets to accidents. That went out the window! And long time insureds are leaving in droves as their premiums skyrocket. I think the end is near for NJM.