Pensions | St. Louis Public Radio

Pensions

(Rachel Lippmann/St. Louis Public Radio)

A Missouri House committee heard testimony Monday on legislation that would make cuts to the pension system for St. Louis firefighters.

The bill would not go as far as a proposal made by Mayor Francis Slay:  Among the differences, Slay’s plan would have all firefighters put 9 percent of their salaries into the system, and new hires would not get any of that money back upon retirement.  The bill in the State House would have new firefighters put in 8 percent, and upon retirement would get back 25 percent of what they paid in.  F.I.R.E. Chairman and St. Louis firefighter Abram Pruitt, Junior, traveled to Jefferson City to support the bill.

(UPI/Bill Greenblatt)

Good morning! Here are some of the starting headlines of the day so far:

Nixon to hold news conference Tuesday on proposed cut in state aid to the blind

Missouri Gov. Jay Nixon is taking his case to the public to try to reverse a proposed cut in state aid to the blind. The Democratic governor is holding a news conference Tuesday in Columbia with leaders from organizations for the blind to oppose a cut made by the Republican-led House budget committee.

(Rachel Lippmann/St. Louis Public Radio)

All sides involved in the effort to bring down the cost of pensions for firefighters in the city of St. Louis say negotiations are going well.

(UPI/Bill Greenblatt)

Budget writers in the Missouri House have approved their version of the 13 bills that make up the state’s budget for next year.

Committee members eliminated $28 million for a program that aids the blind, but then put $6 million back into it from another source.  Ryan Silvey (R, Kansas City) chairs the Budget Committee.

(Rachel Lippmann/St. Louis Public Radio)

The dispute over the best way to reduce the cost of firefighter pensions in the city of St. Louis continued on Friday, with Lewis Reed, the president of the Board of Aldermen, laying out his plan.

Reed, whose Twitter feed tracked the progress of a Thursday late-night meeting among himself, firefighters, and selected aldermen, says his plan will reduce the city's required contribution into the Fireman's Retirement System for next year by $7.6 million. Reed unveiled the plan at a City Hall news conference Friday.

(Rachel Lippmann/St. Louis Public Radio)

The political fight raging over Mayor Francis Slay’s efforts to reform the pension system for St. Louis city firefighters continued at City Hall Friday.

The dispute started last week when board president Lewis Reed refused to assign the bills to a committee. Reed contends the board's rules give him until next Friday, Feb. 25, to make a decision.

(Rachel Lippmann/St. Louis Public Radio)

Though they had no legislation to officially consider, members of the Public Employees Committee of the St. Louis Board of Aldermen spent almost three hours today discussing proposed changes to the pension system for the city's firefighters.

(Joseph Leahy/St. Louis Public Radio)

St. Louis city firefighters took their objections to pension reform proposals from Mayor Francis Slay to City Hall on Friday, the day the legislation making the changes was formally introduced.

Firefighters say they don't object to the cost-saving proposals in the bills, including reduced disability payments for firefighters who can be retrained for a second career, and a two-tier system that could reduce pension benefits for new hires.

(Rachel Lippmann/St. Louis Public Radio)

Updated at 12:20 p.m. with comments from the firefighters union.

Updated at 3:55 p.m. with timeframe, and more comments from Mayor Slay and the union.

Saying the current system is financially unsustainable and could result in huge reductions to city services, Mayor Francis Slay has officially unveiled his plan to change pensions for the St. Louis city firefighters.

(UPI/Bill Greenblatt)

Illinois Gov. Pat Quinn is urging legislative leaders to name lawmakers to a group set up to reform the state's ailing pension system.

Quinn's letter to leaders of the House and Senate says he wants the panel to start working with a top aide on his staff to craft fixes for a system of retirement benefits for state workers that's underfunded by $85 billion.

The letter says it is "critical that we work together this spring" to make the changes.

(via Flickr/Richie Diesterheft)

When the Ways and Means committee of the St. Louis Board of Aldermen meets, anything goes as far as topics.

Today, it was the Department of Public Safety's turn on the hot seat, and pensions, recruiting and jail escapes were on the minds of the committee members. Here's a sampling of their concerns:

There’s been a temporary delay in a new skirmish between the city and its fire department.

Ald. Matt Villa has held a bill that aims to change the way certain benefits for firefighters are funded.

In case you missed today’s St. Louis on the Air, here are some highlights of our discussion with Mayor Francis Slay:

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