Guaranteed Annual Benefit Adjustment
HELENA — A Helena district judge on Friday halted, for now, a reduction set to take place Wednesday in the annual cost-of-living raises paid to thousands of retired Montana educators.
HELENA — The 2013 Legislature unconstitutionally broke a contact with retired educators when it reduced their annual cost-of-living increases for their pensions, attorneys for the MEA-MFT union and some current and retired education employees said in court Wednesday.
HELENA — Four retired public employees and their group have sued the state, contending that the 2013 law cutting cost-of-living raises for pensioners is an unconstitutional violation of their contracts.
HELENA — The Senate on Wednesday endorsed the two major bills seeking to repair Montana’s financially troubled pension funds for teachers and public employees.