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Plan I COLA Lawsuit – Summary Judgement – 11/9/2012

From Department of Retirement Systems website: Court rules against repeal of annual increases for PERS 1, TRS 1 retirees Posted Nov. 15, 2012 A Thurston County Superior Court ruling has invalidated provisions of a 2011 law which discontinued annual benefit increases for retirees from the state’s older pension plans for state and local government employees and teachers. In a summary …

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Status update on gain sharing litigation

From Department of Retirement Systems website: Status update on gain sharing litigation Posted October 22, 2012 “Watch and wait” continues to be the order of the day for those monitoring litigation over gain sharing and early retirement provisions for members of certain state pension plans. All parties in the case have petitioned the state Supreme Court to take direct review …

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