Tag Archives: impairing the obligation of contracts

6th Circuit Rules Against Retired Kentucky Firefighters on COLA Battle

The 6th Circuit has ruled against a retired firefighter and a retired police officer from Lexington, Kentucky who sought to block efforts to reduce their pension COLAs. The case dates back to 2013 when Lexington Mayor Jim Gray sought to address a pension shortfall – not by funding the pension – but by reducing the pensioners’ COLAs.

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