Virginia Assembly Eases Up On New Pension Rules | WAMU 88.5 - American University Radio

WAMU 88.5 : Morning Edition

Filed Under:

Virginia Assembly Eases Up On New Pension Rules

Play associated audio

The Virginia General Assembly has accepted Gov. Bob McDonnell's (R) amendments to bills making sweeping changes to the public employee pension system, according to the Associated Press. The State Senate and the House of Delegates yesterday approved the governor's proposal to allow cities, counties and towns five years to phase in 5 percent pay raises for teachers and local employees.

Those raises will be automatically contributed to the underfunded Virginia Retirement System. City and county leaders had asked for the amendment because they were concerned that a large, immediate increase in payroll expenses would force them to raise taxes or cut services.

Both chambers also accepted McDonnell's mostly technical changes to the bill, which also scales back retirement benefits of public employees with less than five years in the system. McDonnell recommended the unprecedented employer contributions to the state's ailing pension system in December. 

NPR

'New Yorker' Cover Shows A Broken St. Louis

NPR's Ari Shapiro speaks with Bob Staake, illustrator of the controversial cover of The New Yorker, which depicts the St. Louis skyline divided in half by the colors black and white.
NPR

A Boozy Parisian Pineapple That Tastes Like The Holidays

Dorie Greenspan struggled to recreate a friend's sweet dessert, but he just wouldn't divulge his secret. "It's nothing," he said. "It's so simple." Turns out, it is simple — once you have the recipe.
NPR

Week In Politics: Hagel's Resignation, Ferguson Grand Jury Decision

NPR's Ari Shapiro speaks with E.J. Dionne of The Washington Post and Brookings Institution and David Brooks of the New York Times about the grand jury's decision not to indict police officer Darren Wilson and the resignation of Defense Secretary Chuck Hagel.
NPR

Millennial Doctors May Be More Tech-Savvy, But Is That Better?

Text messages from your doctor are just the start. Millennials are the next generation of doctors and they're not afraid to say "chillax" in a consultation or check Twitter to find medical research.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.