JEFFERSON CITY – A newly released independent report on the Second Injury Fund fully exposed Jay Nixon’s abuses of the system including his use of the fund to reward political contributors and highlighted Susan Montee’s shoddy work in auditing a system she has personally benefited from.
An actuarial study by PricewaterhouseCoopers LLP shows that the state’s Second Injury Fund will go bankrupt in 2009 in large part because the fund’s expenditures under Nixon grew from $10.5 million in 1993 to $68 million in 2006. The growth in payments is staggering and troublesome in light of a 1992 St. Louis Post-Dispatch report in which Nixon “promised to change the [Second Injury Fund] by barring any participating lawyers from contributing to the attorney general’s political campaigns.” Read more…
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