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

 
 
 

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

Miley Cyrus Scottrade Concert Canceled

St. Louis, MO -- The show will NOT go on!  The Miley Cyrus concert scheduled for tonight at Scottrade Center has been canceled.   Cyrus was forced to cancel h...

Fluoride Will Stay In Missouri Water Unless Customers N…

 JEFFERSON CITY, Mo. (AP) - Public water systems could be required to notify Missouri customers before eliminating fluoride from drinking water.   The Missouri...

Missouri Unemployment Rate Rises

JEFFERSON CITY, Mo. (AP) - Missouri's unemployment rate increased in March, though the size of payrolls also grew.      The Department of Economic Develop...

Illinois Strip Club Tax Not As Profitable As Expected

SPRINGFIELD, Ill. (AP) - Illinois officials say a strip club tax has generated less than 40 percent of the money that was expected when the surcharge was approved.   ...

Missouri Senate Supports Additional Donor Tax Credits

JEFFERSON CITY, Mo. (AP) - Missouri could award additional tax credits for donations to pregnancy resource centers, food pantries and maternity homes under legislation endorsed ...

Missouri Tax Cut Proposal Could Hurt Higher Education

JEFFERSON CITY, Mo. (AP) - Officials from Missouri's public universities are raising concerns about reduced revenues for education as state lawmakers consider an income tax cut....

South County Man Charged With Rape, Sodomy and Torture

ST. LOUIS (AP) - A St. Louis-area man is accused of sexually torturing five women in his apartment over several years.   Authorities on Tuesday announced that...

County Residents Offered Prescription Drug Disposal Program

County Residents Offered Prescription Drug Disposal Pro…

CLAYTON, Mo. (AP) - St. Louis County police and the Drug Enforcement Administration are asking residents of the county to turn in unused prescription drugs.   The d...

© 2013 KTRS All Rights Reserved