NJ High Court Prods State On Judge Benefit Reforms

Law360, New York (March 26, 2012, 5:51 PM EDT) -- New Jersey Supreme Court justices on Monday grilled the state over its contention that sweeping pension and benefit reforms last year didn't violate a constitutional bar on reducing judges' salaries.

The court is mulling a state judge's case that argues increased pension and health care contributions under the controversial Pension and Health Care Benefits Act cut his judicial salary, breaching the New Jersey Constitution. To support judicial independence, judges in the state are constitutionally protected from a reduction in salary during their terms.

The state has...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.