Daily Journal masthead

Legal battles over proposed pension reductions over


HELENA, Montana — The state of Montana has agreed not to appeal a judge's ruling that blocked a proposed reduction in the annual benefit adjustments in the Montana Teachers Retirement System.

MEA-MFT President Eric Feaver announced the agreement Friday. In turn, the MEA-MFT agreed not to pursue the state for payment of its legal expenses.

The 2013 Legislature passed bills to reduce the guaranteed annual increases to recipients of benefits under the Montana Teachers Retirement System and the Public Employees Retirement System in an effort to restore financial stability to the retirement programs.

Judges ruled in both cases that the legislature could not change the contracts the retirees had with the state. Last month, the state agreed not to appeal the PERS ruling under a similar arrangement over legal fees.

Think your friends should see this? Share it with them!

Story copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Feedback, Corrections and Other Requests: AP welcomes feedback and comments from readers. Send an email to info@ap.org and it will be forwarded to the appropriate editor or reporter.

We also have more stories about:
(click the phrases to see a list)





Follow Daily Journal:

All content copyright ©2015 Daily Journal, a division of Home News Enterprises unless otherwise noted.
All rights reserved. Privacy policy.