Municipality of Anchorage v. Gallion

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• concluding that the lower court did not err by declining to award fees on the basis of the benefit to the class where the recovery was a restoration of surplus funds in a defined benefit retirement plan
• concluding that the lower court did not err by declining to award fees on the basis of the benefit to the class where the recovery was a restoration of surplus funds in a defined benefit retirement plan
• noting that “counsel’s fees might be calculated by either a lodestar or percentage of fund approach”
• affirming that the right to benefits vests when the employee enrolls in the retirement system rather than when the employee is eligible to receive the benefits
• noting that “[t]he phrase ‘accrued rights’ in article XII, section 7 of the Alaska Constitu tion is synonymous with Vested rights’ ”
• holding employees with contributions in municipal retirement systems were entitled to have financial soundness of plans evaluated and maintained separately from other plans

Source: CourtListener parenthetical corpus (CC0).