Taylor v. City of Lenoir

I concur with the majority opinion which affirms the order of the trial court.

On 1 July 1995, the City of Lenoir converted its retirement system to LGERS. This 1995 conversion was not pursuant to a judgment, an order, nor a court-approved settlement. In 1998, this Court held that the statutes creating LGERS did not require the City to convert its retirement system to LGERS. Taylor v. City of Lenoir, 129 N.C. App. 174, 497 S.E.2d 715 (1998). After that decision, the parties entered into a court-approved settlement by which a total of $96,000 was paid to the plaintiff class members who did not…