City Aldermen Pass Firefighter Pension Bill
ST. LOUIS, MO (KTVI) – After several months of debate and controversy, St. Louis aldermen approved a firefighter’s pension bill.
The pension tension between St. Louis City Hall and firefighters will continue despite Friday’s vote to overhaul the retirement system.
The board of aldermen voted 17 to 10 to approve Mayor Francis Slay’s controversial changes to the firefighter’s pension system. It reduces pension benefits for new firefighters.
The mayor’s office says it will save $8 million a year. Aldermen who support the plan said the current system is unsustainable, those who opposed the bill say it’s an insult to firefighters.
Again the vote was 17 to 10 to approve the mayor’s plan. But the firefighter’s pension system board of trustees has filed suit against the bill and a judge will decide. What is interesting is that city taxpayers will have to pay for lawyers for both sides.