MacGregor v. Board of Trustees of the Teachers' Retirement System

Plaintiffs, Neil MacGregor, Robert Procunier, Richard Short and Richard Carrabine, brought this action under the Administrative Review Law (Ill. Rev. Stat. 1991, ch. 110, par. 3—101 et seq.) in the circuit court of Sangamon County to review a decision of the defendant, Board of Trustees of the Teachers’ Retirement System of the State of Illinois, denying them earnings credit under the Illinois Teachers’ Retirement System for contributions made to trust accounts by their employers known as "rabbi trusts.” The decision of defendant was affirmed by the circuit court. We also affirm.

Plaintiffs,…