State retirement system wins $2.2 million lawsuit against Ellington

State retirement system wins $2.2 million lawsuit against Ellington

The Town of Ellington may have to fork over an estimated $2.2 million to Connecticut’s Municipal Employee Retirement System (CMERS) following a court decision that said Ellington either has to be all-in or all-out of CMERS and pay for losses to the state-run retirement plan for municipalities. Ellington ceased enrolling new employees into MERS in 2012 under a collective bargaining agreement that enrolled new hires into a 401A Money Purchase Plan…