Those expecting the Oregon Supreme Court to issue an opinion in the City of Eugene appeal (Lipscomb) can forget about it for this week. No opinions will be released tomorrow.
On the PERS website is a notice to Tier 1 & Tier 2 members informing them that 2004 Member Annual statements will not be coming soon. Instead, the Board authorized all 2004 earnings to go into a "pending" reserve until the Supreme Court issues its opinion in the Lipscomb case. In the meantime, IAP and OPSRP members should start to see their 2004 statements May.
The "remand" rumor is just that -- a rumor. It is simply an option the Supreme Court has in disposing of a case, especially when they think that legal errors have been made, or when they think that subsequent rulings they've made (e.g. Strunk) might have an impact on the outcome of a related case.
On the PERS website is a notice to Tier 1 & Tier 2 members informing them that 2004 Member Annual statements will not be coming soon. Instead, the Board authorized all 2004 earnings to go into a "pending" reserve until the Supreme Court issues its opinion in the Lipscomb case. In the meantime, IAP and OPSRP members should start to see their 2004 statements May.
The "remand" rumor is just that -- a rumor. It is simply an option the Supreme Court has in disposing of a case, especially when they think that legal errors have been made, or when they think that subsequent rulings they've made (e.g. Strunk) might have an impact on the outcome of a related case.
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