Retirement_Graphic.jpg“A practice or policy extended over a period of time does not translate into an implied contract right [to a continued retiree medical benefit] without clear legislative intent to create that right – an intent that REAOC has not demonstrated here.”  That was the holding of the federal Ninth Circuit Court of Appeals in the

Retirement Sign.jpgThe vested nature of public employee retirement benefits is a hot topic. On the one hand, there are municipalities dealing with increasing pension costs and unfunded liabilities. On the other hand, there are often times a vested right to future pension benefits for employees and retirees cannot be impaired except under very limited circumstances.  Most