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Raytown current weather conditions


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Weather Forecast

Ice Pellets
Monday 100%
High 68° / Low 31°
Ice Pellets
Rain and freezing rain. Lows overnight in the low 30s.
Chance of Rain
Tuesday 90%
High 44° / Low 21°
Chance of Rain
Showers and a possible thunderstorm in the morning will give way to cloudy skies late. Morning high of 44F with temps falling to near freezing. Winds NW at 10 to 20 mph. Chance of rain 90%.
Mostly Cloudy
Wednesday 0%
High 36° / Low 27°
Mostly Cloudy
Partly cloudy skies during the morning hours will become overcast in the afternoon. High 36F. Winds NNE at 10 to 15 mph.
Ice Pellets
Thursday 70%
High 41° / Low 34°
Ice Pellets
Light freezing rain in the morning...changing to rain showers later. High 41F. Winds E at 5 to 10 mph. Chance of precip 70%.
Mostly Cloudy
Friday 20%
High 52° / Low 37°
Mostly Cloudy
Mostly cloudy. High 52F. Winds N at 5 to 10 mph.
Chance of Rain
Saturday 50%
High 42° / Low 29°
Chance of Rain
Cloudy with occasional rain showers. High 42F. Winds N at 10 to 15 mph. Chance of rain 50%.
Clear
Sunday 10%
High 51° / Low 38°
Clear
Sunshine. High 51F. Winds SW at 5 to 10 mph.

Clark’s Appliances donated to REAP


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Raytown Police Chief Jim Lynch Letter to the editor

Raytown Police Correct Inaccurate Police Pension Information

 Raytown, MO – Raytown Police Chief Jim Lynch took an opportunity today (01-06-15) to correct inaccurate information regarding the Raytown Police Pension, which was published in the December 17, 2014 issue of the Raytown Times.  The inaccurate information was listed at the top of page 4, in volume 5, issue 40.

The opinion article, written by Randy Battagler, refers to officers potentially collecting “double pay.”  Officers may only earn a maximum benefit of 60% of their pay (life annuity.)  Those that serve our city longer, wait to receive their pension benefit and retire later, will receive a higher monthly payment.  If an officer retires earlier, their monthly pension payment is lower.  Similar to Social Security benefits, the monthly payment is impacted by how soon an officer retires, after reaching retirement eligibility age.  Taking an early retirement means a lesser monthly payment, and waiting to retire means an increased monthly payment.  However, the maximum benefit, 60%, does not change.  Some officers may have other retirement income, unrelated to the Raytown Police Pension, which could include Social Security, military retirement benefits, and individually-owned income products (IRA’s, etc.)

Mr. Battagler asserted that, “Without contributions from participants the fund had fallen well short of the amount it needed to be solvent.”  There were many factors that impacted the unfunded liability of the Police Pension, including stock market downturns and intermittent payments by former city finance directors.  The unfunded liability must still be paid, regardless of the City moving the Police Officers to LAGERS.    In fact, the LAGERS plan costs more (approximately 12% of payroll) than the former Police Pension plan (approximately 8%.) Even after the unfunded liability has been paid, the LAGERS plan, which has added benefits including cost of living adjustments, will be more expensive than the Police Pension plan.

Mr. Battagler also said that “without the change the city could have faced bankruptcy.”  That is simply not the case.  It was the belief by some that the former Police Pension plan was unsustainable, which prompted the discussion, and subsequent change, not the threat of the plan failing or causing bankruptcy.

In fact, the Police Pension plan is performing very well in the current economic environment.  Since 2008, when the stock market downturn hurt almost every pension plan, the Police Pension plan funded status has increased every year, with contributions decreasing or remaining the same as a percent of pay in that same period.

Chief Lynch is committed to transparency and openness.  The Raytown Police Pension Board meetings have always been, and remain, open meetings.  The schedules of Pension Board meetings are posted in the Police Department lobby, as well as the Police Department News blog, RPD News Room (http://piorpd.wordpress.com/) for the public and media to view any time.

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