Latest 3% Victory Means More Interest for School Employees – If State Doesn’t Appeal

Last week, Judge Stephen Borrello of the Court of Claims ruled in favor of school employees seeking a higher interest rate for the 3% of their earnings illegally withheld by the state.  That could mean an extra check for school employees who had more than $550 million held during the seven-year legal case – if the state chooses not to appeal Borrello’s ruling in the next few weeks.