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.


36° 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.

KELOLAND.com | Sioux Falls News & Weather, South Dakota News & Weather, Minnesota and Iowa News

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

 

State Retirees To Get Full Cost-Of-Living Increase

November 15, 2011, 3:23 PM

State Retirees To Get Full Cost-Of-Living Increase
PIERRE, SD - The South Dakota Retirement System on Tuesday approved a 3.1 percent cost of living increase for its retirees after strong investment earnings during the past fiscal year.

The vote came during a joint meeting in Sioux Falls between the board and the Legislature's Retirement Laws Committee.  Officials say the system ended its latest financial year with $1.6 billion more than it had a year ago. The 26 percent gain in assets during the 12-month period means the system was fully funded as of June 30, the annual date for measuring the system's financial condition.  That allowed to board to increase pension payments by 3.1 percent next July.

The system has more than 70,000 members, and most are still working. It includes employees of state government, cities, counties and school districts.

Previous Story

Next Story


Sponsored
Find Local Businesses on KELO Pages!

You may also like

Ice Rink Crash Captured On Video

1/22/2015 9:03 AM

Corey Mitchell was watching his 4-year-old son Carson skate at the Scheel's IcePlex this week when he captured an unexpected crash.

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
SF Man Arrested For One Pot Meth Lab

1/22/2015 2:08 PM

A Sioux Falls man has been arrested for having a one pot meth lab.

Full Story
5 More Flu-Related Deaths Reported In SD

1/23/2015 11:42 AM

The latest report from the South Dakota Department of Health shows that 23 people have died from the virus this season.

Full Story
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