State Supreme Court
rules in favor of State Retirement System
Associated
Press
COLUMBIA, S.C. - The state Supreme Court
agreed Monday with a judge's decision that dismissed a lawsuit from
two retirees who claimed they were owed more money after lawmakers
changed the retirement system in 1986.
The case involves determining how unused leave is figured into
the calculation of state retirement benefits.
Two Wellford employees sued in September 2001, claiming the
system had miscalculated their retirement pay since 1986, when the
Legislature changed the way retirees were credited for unused
vacation time.
The retirees contend that a change in the law in 1986 meant their
unused days should be added to their average salary calculation to
determine retirement benefits.
The justices have rejected a similar claim. In May 2001, they
ruled that four retired Spartanburg police officers should not have
gotten credit for unused vacation, reversing a decision they made a
year earlier that lawyers for the state argued could cost $1
billion.
The Supreme Court referred the case to Circuit Judge John
Kittredge, who dismissed it on Feb. 24, 2004. The high court agreed
with Kittredge's
decision. |