HALL VS. EORP DECISION ISSUED
The Arizona Supreme Court issued their decision in the Hall vs. EORP case on Wednesday November 10, 2016. The Arizona Supreme Court has affirmed the trial court’s decision which is a win for plaintiffs and the members of both EORP and PSPRS.
Many questions remain about how the decision will be implemented, so more information will be coming in the future. For example, there is no mention of
- When excess contributions will be refunded?
- How much will the refunds be?
- How much interest will be included in the refund?
- Will their be any payroll deductions in the refund?
All of those questions must be answered by PSPRS, so stay tuned for more updates in the near future.