Click for St. Louis, Missouri Forecast

// a href = ./ // St Louis News, Weather, Sports, The Big 550 AM, St Louis Traffic, Breaking News in St Louis

Online pharmacy:fesmag.com/tem

Have you a sex problem? Please visit our site:fesmag.com/medic

Site map
 
 
 

Madigan pension fix would save IL less than estimated, but still more than Cullerton plan

   SPRINGFIELD, Ill. (AP) - The estimated savings on a pension proposal backed by Illinois House Speaker Michael Madigan earlier this year is nearly $25 billion less than originally thought.

   That's because the Teachers Retirement System - one of Illinois' five pension systems - says it made a mistake in its calculations. The change was outlined in a Monday letter to a bipartisan panel tasked with coming up with an approach to solving Illinois' nearly $100 billion pension crisis.

   Madigan's plan involves across-the-board cuts in benefits. It was originally touted to save Illinois about $187 billion over 30 years. However, the new estimate is about $163 billion in the same time period.

   Another plan from Senate President John Cullerton, which had union support, was estimated to save roughly $47 billion over the same timeframe.

 

Latest News

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
Prev Next
St. Louis priest accused of having sex with minor

St. Louis priest accused of having sex with minor

St. Louis, MO (KTRS) - A St. Louis priest is accused of having sex with a minor at the Cathedral Basilica, where he served.   Reverend Joseph Jiang was arrested on ...

Missouri man in custody after clerical error frees him from prison

Missouri man in custody after clerical error frees him …

ST. LOUIS (AP) - A Missouri man who avoided prison because of a clerical error and led a law-abiding life for 13 years said he is overwhelmed by the support he's received since ...

Hazelwood voters could vote on new utility tax

Hazelwood voters could vote on new utility tax

St. Louis, MO (KTRS) - Hazelwood residents could soon have the chance to vote on a proposed utility tax.   Currently, Hazelwood is the only St. Louis County municip...

Courts moving away from eyewitness testimony as gold standard

Courts moving away from eyewitness testimony as gold st…

PORTLAND, Ore. (AP) - Courts and legislatures are slowly shifting away from using eyewitness testimony as the gold standard of evidence. The reason: Studies show it's only right...

One Cent Sales Tax For Transportation Endorsed

JEFFERSON CITY, Mo. (AP) - A Missouri Senate committee has endorsed a 1-cent sales tax increase to fund transportation projects.     The proposed constitutiona...

Safe Rooms Opening Soon In Joplin

(Joplin, MO)  --  Joplin officials say some safe rooms to protect residents during storms are expected to open in the next few weeks. Joplin school officials say f...

Dog Shooting Investigated In Washington, MO

WASHINGTON, Mo. (AP) - An investigation continues after an eastern Missouri deputy shot and killed a dog. The Washington Missourian reports that Franklin County deputies wen...

© 2013 KTRS All Rights Reserved