Tag: retirement benefits

STL County Council votes to cut McCulloch’s retirement benefits

The St. Louis County Council on Tuesday approved legislation that would offer a new pension package for incoming county employees that aims to save the county money, in addition, the same bill would reduce the St. Louis County Prosecutor’s retirement package. The bill would require new hires to make a 4 percent contribution to the county’s retirement system, in which could save the county $27 million over the next 10 years and $300 million over […]