Judge halts third attempt to hijack St. Louis fire fighters pension plan
The City of St. Louis lost round three this month in trying to hijack its fire fighters pension fund. Meanwhile, Fire Fighters Local 73 pre-filed a bill in the state legislature to restore their original pension proposal that they said could save the City $2.3 million more than any of the plans put forth by the Board of Aldermen and mayor.
The fire fighters filed the bill after a bizarre series of events that saw the City adopt a third ordinance on Dec. 14 —Board Bill (BB) 109 — and signed into law by Mayor Francis Slay that was supposed remedy serious flaws in two earlier bills that were already enjoined by the courts (Board Bills 11 and 12.). But on Jan. 3, after the Firemen’s Retirement System on Jan. 2 once again sued the City over this latest attack on the pension fund, Circuit Judge Robert Dierker issued a third injunction against the City to prevent BB 109 from taking effect on Feb. 1.
http://labortribune.com/judge-halts-third-attempt-to-hijack-st-louis-fire-fighters-pension-plan/
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