1st Circ. Won't Reconsider Puerto Rico Pensions Ruling

By Brian Dowling (May 16, 2022, 11:47 AM EDT) -- The First Circuit won't rehear a Puerto Rico case that upheld a proposed overhaul to teacher pensions on the island territory, according to a Friday notice.

The circuit's judges voted to deny a request to rehear the case before the full First Circuit, rejecting a bid by a group of teachers' associations to reverse a late April panel decision they feared could further disenfranchise the people of Puerto Rico and other U.S. territories.

The dispute centered on objections by the teachers groups to how the congressionally approved restructuring of Puerto Rico's debt transformed existing guaranteed teacher pensions into defined contribution plans....

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