A Nevada workers’ union is praising a state Supreme Court ruling that upheld claims of 40 former state employees who sought more pension credits because their jobs were privatized.
The State of Nevada Employees Association added that the high court’s 4-3 ruling recently, which went against Employers Insurance Co. of Nevada, makes EICON liable “for potentially several million dollars in back compensation.”
The state turned its workers’ compensation insurance agency into the private EICON in 1999, and the state workers who had worked at the agency became private-sector employees with no job security and reduced benefits, SNEA said.
Forty of those employees, backed by SNEA, sued when the new company would not help them purchase additional pension credits under a state law providing for such credits when an agency has to reduce its staffing.
Copyright 2006 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Topics Legislation
Was this article valuable?
Here are more articles you may enjoy.
Hedge Fund Money Is Reshaping a 180-Year-Old Insurance Model 
Gallagher Clarifies Non-Ownership of Florida Firm Guilty of Bogus ACA Sign-ups 
Judge Trims Wrongful Death Suit Claims Over Spicy Chip Challenge 
IBM Agrees to Pay Government $17 Million in DEI Settlement From This Issue
