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SJC ruling on Auto use retirement calculation

Chiefs
Posted on May 23 2008
Latest News >> Chiefs

 

SJC Rules on Auto's/Regular Compensation
The SJC today unanimously voted to vacate a lower court ruling that had ruled the auto's should be calculated as regular compensation and thus be included in pension calculations. This puts an end to questions that have persisted amongst retirees and retirement systems as how to handle the issue. This ruling could result in a lower calculations for those few individuals and systems that have chosen to include this some recent retiree calculations
DMellis


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