Friday, June 02, 2006

S.C. Supreme Court affirms TERI ruling and remands for consideration of attorney fees

I posted earlier this month about the Supreme Court's decision that the State should not have deducted pension contributions from 14,000 working retirees. Now, the Court has denied petitions for rehearing and has remanded the attorney fee issue to Judge Breeden.

There is speculation that the lawyers could receive close to $50 million in fees.

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