Regional Vice President of Sales The Retirement Plan Company
|
Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
Loan & Distribution Specialist AimPoint Pension
|
Compass
|
Bates & Company, Inc.
|
AimPoint Pension
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
Text of New Jersey's Appeal of Decision that Public Employees Have Protected Contractual Rights to Pension COLAs (PDF)
Supreme Court of New Jersey July 30, 2014
140 pages. "Applying the wrong legal standard, the Appellate Division determined that [the New Jersey statute] creates a contractual right to cost-of-living adjustments. This determination upends the Legislature's carefully crafted pension reform, threatens the fiscal integrity of the pension systems for active employees, and potentially puts a critical strain on State resources that already face many worthwhile, competing demands." [Berg v. Gov. Chris Christie, No. 74,612 (N.J. 2014; on cross-petition for certification to the Superior Court, Appellate Division)]
|
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |