Can they legally take away your COLA?

From John Curry, August 16, 2010

Lawmakers, state retirement systems, public employee unions and others in the pension policy arena are closely watching the outcome of the legal challenges. If the courts do not reinstate the retirees' benefits, a flood of states could follow the lead of Colorado, Minnesota and South Dakota. The reverse also would be true. "If the plaintiffs are successful, it may discourage legislators in other states from attempting to diminish benefits," says Keith Brainard, research director at the National Association of State Retirement Administrators.

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http://www.delawareonline.com/article/20100815/OPINION09/8150333/1004/OPINION