State Representative Cole McNary criticized the State Treasurer's handling of Missouri's pensions Tuesday. McNary is the Republican candidate for the office that is currently held by Democrat Clint Zweifel.
McNary outlined problems he sees with the Missouri State Employees Retirement System: He says there are underfunded pensions, naively optimistic forecasts for returns and a debt that will be a burden on taxpayers.
Former Speaker of the House Newt Gingrich will be in suburban St. Louis on Monday at a fundraiser and news conference in support of Todd Akin's Senate campaign. The men are scheduled to appear at a $500-per-person, or $750-per-couple, fundraiser. They'll also speak at a late-morning news conference in Kirkwood.