User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


37° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Share your Photos, Videos, and Stories on uShare! Click here to get started.
Winter Returns To KELOLAND This Weekend. Click here for details. 

 

News

[0] My Saved Articles
Find local businesses
on the KELO Pages!

 

City Will Talk Pensions With Employees

July 14, 2012, 5:59 PM by Kelly Bartnick

City Will Talk Pensions With Employees
SIOUX FALLS, SD -

The recommendation voted on by city councilors this week would put all newly hired city employee retirement benefits in the hands of the South Dakota Retirement System. It also eliminates health benefits for those retired individuals.

Representatives of city employee unions are not arguing against that part of the plan, but they must vote to approve the proposed changes to the current city employee benefits.

“The employees of the city of Sioux Falls benefit from a great pension plan. And it is an excellent benefit. A defined benefit plan is something not everyone today has an opportunity to enjoy,” Pension Board member Angeline Lavin told city councilors this week.

The recommendations would increase current employee contributions by two percent over two years. They would also eliminate retirement healthcare benefits, opting instead for payments based on the employees' years of service until retirement age. But a police union representative said that may be a tough sell.

“It's all take and no give. There's really no incentive I can see for the membership to vote for it,” president of the Fraternal Order of Police Labor Council David Dunteman said.

According to Dunteman, the proposed increases in pension contributions would be a wash to the city's police officers, whose new contracts call for a two percent raise.

“Basically three years no raises for a city, who says they're extremely-well funded,” Dunteman said.

Regardless of what employees decide, the current city plan will be in business for years as city workers slowly retire.

City officials are now planning sessions talking current employees through the proposed changes. They say it will take a few months to work out the details and call for a vote.

Previous Story

Next Story


Comments





Sponsored
Find Local Businesses on KELO Pages!

View news

You may also like

Police Identify Two Suspects In Sioux Falls Shooting

1/30/2015 10:55 AM

Police are searching for 17-year-old Conner Hanson and 19-year-old Robert Montes. Hanson and Montes are reported to be dangerous and should not be app...

Full Story
Police Searching For Two Suspects In Shooting

1/30/2015 12:09 AM

Sioux Falls Police are investigating a Thursday night shooting that occurred near the Empire Mall. 

Full Story
1 Dead After ATV Goes Through Ice On Perkins Co. Lake

1/25/2015 8:08 AM

A Newcastle, Wyoming man died after an ATV broke through the ice on a lake in northern Perkins County in South Dakota.

Full Story
Man Rescued From Big Stone Lake After Falling Through Ice

1/29/2015 5:30 PM

Officials are urging caution on the ice as warmer temperatures lead to changing ice conditions across the region.

Full Story | Watch
Augustana College Student Found Safe

1/28/2015 10:56 AM

On Tuesday, a 19-year-old student left her room saying she was headed to the bathroom. Her roommate reported her missing when she had not returned.

Full Story


Events