Bobb Angel
Bobb Angel
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The Morning Report w/ Bobb Angel

1540 WADK.com Updates

Judge Approves Pension Settlement

A judge is giving the go ahead to the proposed settlement of the lawsuit over the 2011 state pension reform law.  The judge overseeing the case rejected numerous objections to the proposal from state employees and retirees before sanctioning the agreement.  The state passed the reforms cutting back benefits promised to retirees because of a seven-billion-dollar unfunded liability in the pension system.  Some recipients wanted to take the case to court, saying the law was the state breaching its contract with them.

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