State Pension Fight heads to Supreme Court

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Four public employees unions are taking the state to the Supreme Court, seeking reversal of 2011 increases to the amounts they pay toward their pensions, as well as refunds for increased pension payments they made during the last three years.

The Supreme Court decision could mean a loss of $25 million to $50 million a year in employee pension contributions, and refunds of $75 million to $150 million, according to Marty Karlon, spokesman for the New Hampshire Retirement System.

This Seacoastonline.com Article features Bernstein Shur Attorney Andru Volinksy.

Please see full Article below for more Information.

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Topics:  Employee Benefits, Employee Rights, Pensions, Public Employees, SCOTUS, Unions

Published In: Civil Procedure Updates, Constitutional Law Updates, Finance & Banking Updates, Labor & Employment Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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