Suit Filed Over Slay Pension Overhaul

View Comments
St. Louis Mayor Francis Slay (Photo: KMOX)

St. Louis Mayor Francis Slay (Photo: KMOX)

ST. LOUIS (AP)- Trustees of the Fireman’s Retirement System of St. Louis are suing to block Mayor Francis Slay’s plan for a pension overhaul.

The St. Louis Post-Dispatch reports that the suit was filed Tuesday, seeking a temporary restraining order and judgment against the mayor’s plan that would close the current fire pension system and replace it with a plan with much less-expensive benefits.

The suit says Slay’s plan would cause “drastic and immediate harm” to the pension system.

Slay’s office says the suit is wasteful and premature.

(© Copyright 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

View Comments
blog comments powered by Disqus

Get every new post delivered to your Inbox.

Join 4,824 other followers