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Retired Washington officers sue to stop $3.3B pension fund transfer.
Retired Washington police officers and firefighters have filed a class-action lawsuit challenging a state law that would transfer approximately $3.3 billion from their pension fund to address budget shortfalls.
The plaintiffs argue the move violates constitutional contract clauses by diverting funds meant exclusively for their retirement, disability, and death benefits.
The lawsuit, filed in U.S. District Court, seeks to halt the transfer and declares the law unconstitutional.
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Oficiales jubilados de Washington demandan para detener la transferencia de fondos de pensiones por $3.3 mil millones.