Wednesday, June 19 2013 7:23 PM EDT2013-06-19 23:23:10 GMT
(RNN) - Celebrity chef and southern food connoisseur Paula Deen was back in a controversial spotlight Wednesday, alleged of using racial slurs as jokes in her restaurants in front of employees. AccordingMore >>
Celebrity chef and southern food connoisseur Paula Deen was back in a controversial spotlight Wednesday, alleged of using racial slurs as jokes in her restaurants in front of employees.More >>
Wednesday, June 19 2013 7:16 PM EDT2013-06-19 23:16:20 GMT
MPD and Alabama Power say scammers are targeting your utility bills - and they want you to be prepared should you get a call saying your utility bill is late. Police say they are investigating a solicitorMore >>
The Montgomery Police Department, Alabama Power and Dixie Electric Cooperative say scammers are targeting your utility bills - and they want you to be prepared should you get a call saying your utility bill is late. More >>
Wednesday, June 19 2013 7:14 PM EDT2013-06-19 23:14:56 GMT
Pell City police have arrested a man for allegedly killing his sister early Wednesday morning. Around 3 a.m., a caller asked police to check on the welfare of someone in the Housing Authority apartmentsMore >>
Pell City police have arrested a man for allegedly killing his sister early Wednesday morning.More >>
Wednesday, June 19 2013 7:11 PM EDT2013-06-19 23:11:51 GMT
Nothing you do will change. Everything the city does will. "You put all garbage in your green can and roll it to the street. It gets picked up by our sanitation department" says Montgomery Mayor ToddMore >>
Nothing you do will change. Everything the city does will. "You put all garbage in your green can and roll it to the street. It gets picked up by our sanitation department..."More >>
Wednesday, June 19 2013 7:01 PM EDT2013-06-19 23:01:33 GMT
A Madison County grand jury failed to return an indictment against a former Huntsville City teacher accused of molesting students.More >>
A Madison County grand jury failed to return an indictment against a former Huntsville City teacher accused of molesting students.More >>
MONTGOMERY, AL (WSFA) -
Montgomery Mayor Todd Strange says this restructuring will not affect current employees, only new employees starting October 1 of this year.
Mayor Strange says we're talking about a long term plan to ensure the rate stays at or near 12 percent of payroll in a retirement fund. Mayor Strange says at the rate it was currently going it would be as high as 30 percent contribution by the 2030.
The mayor says the retirement board came to him a few years ago with concerns of maintaining the integrity of the fund and concluded it had to be modified for future employees.
"The new plan essentially has a time frame between when you retire and when you can collect your retirement and/or receive benefits. Today you can retire at 20 or 25 years and immediately receive benefits, that's the unsustainable part because in the industry today and in many governments, you have a waiting period until you're 52 or 55 or 62. With the new plan, if you have 20 years, you will have to wait some period of time before you would be able to collect your retirement," Strange said.
The mayor says one good thing in the plan is new employees who retire will be able to get their retirement in a lump sum payment. That's an option not available to current employees.
The bill now goes to the state legislature. The mayor expects it to be introduced by next week.
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