Port Authority Workers Win Benefits Suit At NY Appeals Court
Law360 (August 10, 2018, 4:53 PM EDT) -- A split New York appellate court has ruled that the state comptroller wrongly excluded certain biweekly payments when calculating the retirement benefits for several Port Authority of New York and New Jersey employees, finding that the main purpose of the compensation was to delay the workers’ retirement after 9/11.
In a 3-2 split, the majority of the panel held Thursday that New York State Comptroller Thomas P. DiNapoli incorrectly found that payments given to the workers in exchange for not retiring before Dec. 31, 2002, should be excluded from calculating their retirement benefits because the compensation was paid "in anticipation of...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!
Kirkland & Ellis LLP has redefined what it means to be the biggest of BigLaw — weighing in at 2,116 attorneys by year end 2018 and becoming the first firm since Law360 began tracking law firm head counts to top 2,000 U.S.-based attorneys.