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Minimum-security inmate missing in South Dakota
• YANKTON, S.D. (AP) -- Authorities are searching for an inmate who went missing from a minimum-security prison in Yankton.
• Corrections officials say Richard Beckwith signed out of the Yankton Minimum Unit to go to a work release job Sunday morning and never arrived at the job site.
• The 51-year-old Beckwith was sentenced in 2006 to nearly 10 years in prison on a drug conviction in Minnehaha County.
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College pitchers in Dakotas taken in MLB draft
• SIOUX FALLS, S.D. (AP) -- Some college baseball players in the Dakotas were among the selections in the later rounds of the recent Major League Baseball draft.
• South Dakota State University pitcher Layne Somsen was selected by the Cincinnati Reds in the 22nd round. He was the 675th player taken overall.
• North Dakota State University pitcher John Straka was taken by the Texas Rangers in the 32nd round as the 970th overall pick.
• Augustana College pitcher Jordan Milbrath was the 1,041st player selected. He was drafted by the Cleveland Indians in the 35th round.
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SD Retirement System has good investment return
CHET BROKAW,Associated Press
• PIERRE, S.D. (AP) -- The South Dakota Retirement System is in good shape with a cushion of nearly $1 billion after earning 19.8 percent on investments through the first 11 months of the fiscal year, officials said Monday.
• The system's assets peaked at about $8.2 billion in 2007 and then plummeted during the recession, but the assets have now grown to about $9.1 billion.
• If the investment returns hold until June 30, the system will end the fiscal year about 103 percent funded, in much better shape than the 75 percent funded average for other state retirement systems nationwide, said Rob Wylie, executive director of the Retirement System. That means the South Dakota system's assets are about 103 percent of all future potential future benefits to be paid to retirees in state and local government agencies, he said.
• "We have more money today than we anticipate paying into the future, a wonder (Continued on page 22)
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