Navigation Top
AGO Logo Graphic
AGO Header Image
File a Complaint
Contact the AGO
AGO Opinions with Topic: STATE TEACHERS' RETIREMENT SYSTEM
AGLO 1973 No. 79 >  July 23, 1973
PENSIONS - RETIREMENT - PERS - STATE TEACHERS' RETIREMENT SYSTEM - LEGISLATURE - CONTRACTS - AUTHORITY OF LEGISLATURE TO MODIFY EMPLOYEES' PENSION PLANS
PENSIONS ‑- RETIREMENT ‑- PERS ‑- STATE TEACHERS' RETIREMENT SYSTEM ‑- LEGISLATURE ‑- CONTRACTS ‑- AUTHORITY OF LEGISLATURE TO MODIFY EMPLOYEES' PENSION PLANS Unless accompanied by correlative new benefits and/or a demonstrable showing of necessity for the purpose of maintaining the integrity of the applicable pension system, a legislative act amending the statutes governing the computation of retirement allowances for members of the teachers' retirement system and the public employees' retirement system so as to (1) exclude from consideration any pay increases received by current active members of these two retirement systems after the effective date of such amendments or (2) reduce the levels of retirement allowances ultimately to be received by such members in all cases where the amounts payable to those members from the federal social security program are correspondingly increased, would be unconstitutional.
Content Bottom Graphic
AGO Logo