Gambling on behalf of pensions may no longer just be a pastime of New Jersey’s pension fund investment managers. In May, New Jersey Gov. Chris Christie’s final budget address included a proposal that would transfer the state lottery to the state’s pension fund, banking on future gambling revenues to fund retirement benefits.Specifically, Gov. Christieproposedto dedicate future lottery revenues to “eligible pension plans,” — a move that the governor claims would help improve the solvency of the state’s very underfunded retirement plans.