Florida Pension

Florida TaxWatch

Moving state employees into riskier, but potentially more profitable retirement plans is just one way to trim the state’s $77 billion budget, Florida TaxWatch, a government watchdog group, recommended in its annual report released Thursday.

Robert Weissert, TaxWatch’s chief researcher, says lawmakers should look hard at the recommendations while they decide how to spend a $ 1 billion surplus.

“Budget surpluses do not mean that we should not spend taxpayer money wisely,” he said.

Coalition Group Calls Pension Reform ‘Unnecessary’

Mar 26, 2013

With the Florida House passing pension reform last week and the Senate vote coming up soon, the debate over state employee’s retirement plans isn’t quite finished, but one group said if it’s not broke, don’t fix it.

Retirement: the finish line of 40 years of hard work for the State of Florida, day in day out. Maybe you want to spend your golden years playing golf, or sit back and watch the grandkids play in the pool, or relax on the beach watching the sun set.

Jessica Palombo / WFSU-FM

Outside the House Chambers, firefighters, police and paramedics gathered on Thursday to protest against the plan, headed for a House vote, which would gradually phase out the Florida pension fund.

It’s been two weeks since a sheriff’s deputy in Saint Lucie County was shot to death during a traffic stop. Thirty-five-year-old Gary Morales leaves behind a wife and two daughters under the age of 10. President of the state Fraternal Order of Police, James Preston, said, Morales’s death benefit will help care for his family for the rest of their lives.