- Associated Press - Monday, January 22, 2018

JEFFERSON CITY, Mo. (AP) - The head of the Missouri pension system has been removed and replaced with an interim leader.

The Jefferson City News-Tribune reports that the Missouri State Employees Retirement System’s Board of Trustees voted during a closed session Thursday to terminate John Watson’s contract.

The News Tribune obtained information over the weekend through an open records request saying the decision was “in the interests of more effectively addressing the Board’s priorities as to the performance, direction and operation of the System.” The records say the decision was “without cause within the meaning” of Watson’s employment agreement.

The board also unanimously approved naming Ronda Stegmann as MOSERS’ interim director.

The two board members appointed by Greitens were among those voting for Watson’s termination.

The News-Tribune wasn’t able to reach Watson for comment.

___

Information from: Jefferson City News Tribune, http://www.newstribune.com

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.

 

Click to Read More

Click to Hide