2013 Moritz College of Law Public Pension Roundtable: Taking Accrued Retiree Benefits has Greatest Legal Risk.
PROFESSOR AMY MONAHAN: THE U.S. SUPREME COURT TELLS US THAT PUBLIC PENSION PLAN REFORMS MUST BE THE "LEAST DRASTIC" ALTERNATIVE TO MEET CONSTITUTIONAL MUSTER. TAKING PUBLIC PENSION RETIREE BENEFITS CARRIES THE GREATEST LEGAL RISK OF ALL PUBLIC PENSION REFORMS. MOST PUBLIC PENSION ADMINISTRATORS THINK OF PUBLIC PENSION COLAS AS AN ACCRUED PUBLIC PENSION BENEFIT. On […]