Sign in with Facebook, Twitter or email.
An organization dedicated to saving the Florida Retirement System from a systematic effort by the state legislature to dismantle it.

Gaetz says pension changes may be in trouble

The Florida Current by Bill Cotterell - An overhaul of the Florida Retirement System is in for a close vote in the 2014 legislative session, Senate President Don Gaetz said Thursday.

The Senate Community Affairs Committeevoted 5-4 on Tuesday for a bill by its chairman,Sen. Wilton Simpson, R-Trilby, that would set up a “cash-balance” pension plan in the FRS for newly hired employees. One Republican, Sen. Jack Latvala of Clearwater, joined three Democrats on the committee who voted against the bill, saying members did not have financial data to demonstrate that changes would be beneficial for employees or their government employers.

Read article here:

Copyright © 2011 LobbyTools, Inc. All rights reserved.

Be the first to comment

Please check your e-mail for a link to activate your account.
Get Alerts
Spread the Word