Nancy S. LAYMAN, David M. Fitzgerald, Vicki K. Zelenko, Wyman M. Looney and Nancy Ahrens, on behalf of themselves and all others similarly situated, Petitioners,
v.
The STATE of South Carolina and The South Carolina Retirement System, Respondents.
Supreme Court of South Carolina.https://leagle.com/images/logo.png
Heard December 1, 2005.
Decided May 4, 2006.
Order Denying Rehearing June 1, 2006.
Attorney(s) appearing for the Case
A. Camden Lewis, Keith M. Babcock, and William E. McKinnon, all of Lewis & Babcock, of Columbia; and Richard A. Harpootlian, of Columbia, for Petitioners.
Stephen Van Camp and Sarah G. Major, of Columbia; and Thornwell F. Sowell, Robert E. Stepp, Roland M. Franklin, Jr., and Tina Cundari, all of Sowell Gray Stepp Todd & Laffitte, of Columbia, for Respondents.
Andrew F. Lindemann and William H. Davidson, III, of Davidson Morrison & Lindemann, of Columbia, for Amicus Curiae State Retirees Association.
Eric C. Schweitzer, of Ogletree Deakins Nash Smoak & Stewart, of Columbia, for Amicus Curiae South Carolina Chamber of Commerce.
Philip J. Mace, of Columbia, for Amicus Curiae State Employees Association.
Supreme Court of South Carolina.
Chief Justice TOAL:
Petitioners1 brought this action in response to the enactment on July 1, 2005 of the State Retirement System Preservation and Investment Reform Act2 (Act 153). Act 153 amends several statutes relating to the operation of the South Carolina Retirement System. Specifically, Act 153 brought about significant changes for employees who participate in TERI.3 In addition...
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