The Elkin City Schools Board of Education has resolved its pension spiking dispute with the state treasurer’s Retirement Systems Division. The resolution effectively ended a lawsuit that once involved six local school boards and a community college.
Five county school boards and trustees at one state community college are dropping their court appeals for refunds of money paid to the state retirement system in pension-spiking cases. If they had won their legal battle, refunds would have totaled more than $434,000, not counting at least five years of interest.
The state Retirement Systems Division urges North Carolina’s top court to steer clear of a pension-spiking dispute involving the Harnett County school board. At stake is a $198,000 bill assessed to the local school system.
The Harnett County school board is asking North Carolina’s highest court to take up a dispute over pension spiking. At stake is a $198,000 bill the state retirement system has assessed against the local school system.
A unanimous three-judge panel of the NC Court of Appeals has ruled in favor of the state retirement system and against the Harnett County school board in a pension-spiking battle. At stake is a nearly $198,000 bill assessed to the local schools.
The state employees’ retirement system and top legislative leaders urge the state Supreme Court to reject Wilson County schools’ recent appeal in a pension-spiking dispute. At stake is a $400,000 bill assessed to the county school board.
The Wilson County school board hopes North Carolina’s top court will take up its case challenging an application of the state pension-spiking law. An August court ruling could force Wilson schools to pay an additional $400,000 to help fund a former assistant superintendent’s retirement.
Within three days of this week’s state Appeals Court ruling against the Wilson County school board in a pension-spiking case, state lawyers have highlighted the ruling in two other outstanding cases involving Harnett and Union county schools.
The Wilson County school board will have to contribute another $400,000 toward a former assistant superintendent’s retirement, based on a state Court of Appeals ruling Tuesday. It’s the latest legal battle over North Carolina’s 2014 pension-spiking law.
State Treasurer Dale Folwell said Friday he “will pursue all avenues of appeal” after Durham Superior Court Judge James Hardin ruled against the state in enforcing regulations against massive pension spiking by a select group of state employees. “My administration inherited this case and is disappointed with the court’s ruling,” Folwell said in a news...
Rick Henderson on second development tied to Partons; parents ask lawmakers to fully fund scholarships; legislators take aim at pension spiking & concerns over replacing Common Core with better standards; Troy Kickler on role of 13th amendment in history
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