Warning: Constant ABSPATH already defined in /home/flanews/public_html/wp-config.php on line 37
Capitol News Service » Blog Archive » Pension Problems

Welcome to

Capitol News Service

Florida's Best Political Coverage on Television

 


 


 


Recent Posts

RSS Quote of the Day

  • E. Joseph Cossman
    "Obstacles are things a person sees when he takes his eyes off his goal."
  • Golda Meir
    "One cannot and must not try to erase the past merely because it does not fit the present."
  • Charles Kettering
    "One fails forward toward success."
  • Charles Lindbergh
    "Living in dreams of yesterday, we find ourselves still dreaming of impossible future conquests."

Pension Problems

January 10th, 2011 by flanews

If it ain’t broke then don’t fix it: that’s the message Florida’s largest public labor union is sending Governor Rick Scott.

Scott wants to revamp the state pension fund and force government workers to pay into the plan. The AFL-CIO says Florida’s pension fund is one of the healthiest in the nation, but Scott says there’s trouble around the corner if things aren’t changed. Ray Edmonsdon with the Florida Public Pension Trustees Association says he’s perplexed that anyone wants to change the current system.

“There’s nothing wrong with these systems and to talk about pension reform, they are reforming a system that’s not broken. So I have no idea what’s going on there, but there’s nothing the legislature can do to make these systems any better,” said Edmonsdon.

More than a million Floridians rely on the pension fund for their retirement. There’s more than a hundred billion dollars in the fund.

Posted in Legislature, Rick Scott, State News | No Comments »

Leave a Comment

Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.

copyright © 2016 by Capitol News Service | Powered by Wordpress | Hosted by LyonsHost.com