1.
Mother said Josh Powell threatened her
MINNEAPOLIS, May 2 (UPI) -- Minnesota teachers are asking state lawmakers for a $223 million bailout for their pension fund.
The Education Minnesota teachers' union, their retirement association and other groups are asking the state Legislature for between $207 million and $223 million over four years to put their pension fund on sound footing.
The Minneapolis Star Tribune reported Saturday that the proposal is part of a larger package of pension-related measures making its way through legislative committees.
"We do recognize that it's difficult for school districts and the state," said Laurie Hacking, executive director of the Minnesota Teachers Retirement Association, which manages the pension plan.
Proponents of the bailout say the $18 billion pension fund has been hit hard by Wall Street losses. However, critics, including the Minnesota Taxpayers Association, say the state does not have the money given its own financial troubles.
"It's just astonishing how tone-deaf Education Minnesota is, how they are pushing this now," said Mark Haveman, executive director of the Taxpayers Association.
|
|
|
|
|
|
| Additional Top News Stories | |
WASHINGTON, Feb. 10 (UPI) --
A woman who says she had an affair with President John F. Kennedy wrote that she didn't feel at the time she was "invading the Kennedys' marriage."
|
LOS ANGELES, Feb. 10 (UPI) --
Pop icon Madonna says she "wasn't happy" after rapper M.I.A. flipped her middle finger at a camera during their Super Bowl halftime show.
|
WASHINGTON, Feb. 10 (UPI) --
The Nuclear Regulatory Commission approved the construction of two new nuclear reactors, the first to be built in the United States since 1978.
|
BIRMINGHAM, England, Feb. 10 (UPI) --
A British company said it is opening salons across England dedicated to the tattooing the scalps of bald men to make it look like they have short hair.
|
| Stories | Photos | People | Comments |
View Caption
