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 This material may not be published, broadcast, rewritten or redistributed.)


Leave a Reply

Please log in using one of these methods to post your comment:

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

More From CBS St. Louis

Download The App

Listen Live