|Intro:||The Missouri Senate voted to require new state employee's to contribute to their own retirement system|
Wrap: Greene County Republican Senator Norma Champion says although the current pension system works for the State, it is not sustainable.
Cape Girardeau County Republican Senator Jason Crowell's bill would require new state employees to contribute four percent to their pension plan.
Crowell says this could be a temporary change that is necessary right now.
|Description: It doesn't stop future legislators from repealing that four percent that we're putting now...but drastic times demand drastic prices."|
The bill also raises retirement ages, but employees who retire before they are eligible will receive their contributions back plus interest.
The bill would not affect current state employees.
The Senate needs to give the bill second approval before it can move to the House.
Reporting from the State Capitol, I'm Melissa Berman.