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New Jersey Senator Frank Lautenberg is confirming that he is retiring.

Lautenberg is the only remaining veteran of World War II serving in the U.S. Senate.  He is also, along with two of his childhood friends, one of the co-founders of payroll processing company Automatic Data Processing, better known as "ADP."

He delivered the announcement in his hometown of Paterson, New Jersey, today after releasing the following written statement yesterday:

“.. I will not seek re-election in 2014.  This is not the end of anything, but rather the beginning of a two-year mission to pass new gun safety laws, protect children from toxic chemicals, and create more opportunities for working families in New Jersey. While I may not be seeking re-election, there is plenty of work to do before the end of this term and I'm going to keep fighting as hard as ever for the people of New Jersey in the U.S. Senate."

Lautenberg has served five non-consecutive terms in the Senate since 1982.