state employee retirement

Florida Channel

State employees will be getting a pay raise this year, under a proposal now heading to the Senate floor. But, it’s tied to a controversial pension reform issue and health insurance reform package backed by the House.

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Amid budget negotiations, the House and Senate may be using the revival of a controversial pension reform package as a means to get on the same page.

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A controversial pension reform bill that just passed the House is now in the Florida Senate’s hands.

chartingyourfinancialfuture.com

Less than two weeks after the House proposal was unveiled, The Florida House is expected Wednesday to take up a controversial pension reform package.

Florida Channel

Florida House Republicans are back at it again. They’ve revived an effort to make changes to Florida’s Retirement System.

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The Florida House passed a controversial bill making changes to Florida’s Retirement System.

The House debated a proposal Tuesday that would automatically enroll new state hires into a 401-k style retirement plan instead of a traditional pension.

Pelican Post

A bill seeking to reform Florida’s Retirement System is now heading to the House floor, despite continued opposition.

Florida Channel

A renewed effort in the House to make changes to Florida’s Retirement System is getting some mixed reviews among public employee unions.

Florida Channel

Over the years, the Republican-led Florida Legislature has tried to overhaul the state’s retirement system. And, House Speaker Steve Crisafulli says he’s not giving up on what he calls “pension modernization” in the coming 2016 session.

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While the Senate has said it won’t start any talks to reform Florida’s Retirement System this year, a House panel is moving forward.

During Wednesday’s presentation, House State Affairs Committee members heard that Florida’s Retirement System is funded at 86.6 percent—a percentage proponents of the system say means it’s, “actuarially sound.”

In happier times: House Speaker Steve Crisafulli (l) and Sen. President Andy Gardiner (r).
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While the Senate doesn’t look like it will consider an overhaul of the Florida Retirement System, the House is not giving up hope it can convince the other chamber.

Last year, the state pension overhaul bill failed, after it got tied to a non-controversial effort to fix local pension programs affecting police and firefighters. But, House Speaker Steve Crisafulli says his chamber is not deterred, and is already looking to file a separate state pension reform proposal.

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Pension reform is slated to come up during the 2015 legislative session. So, could this be the year local pension reform actually comes to pass? What about overhauling Florida’s Retirement System that opponents say is already sound? We'll take a look at what stakeholders are hoping for in the New Year.

Robert Weissert is the Chief Research Officer for Florida TaxWatch, a government watchdog group, which recently released its annual cost savings report. One area Weissert says state government could save some money is by overhauling the Florida Retirement System.

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The sponsor of a measure aimed at overhauling the state’s pension system says that effort’s dead, but bill supporters and opponents alike say they won’t declare the win or loss until the 2014 Legislative Session comes to an end.

It’s Day 59 of the 60-day legislative Session. But, with session coming close to close, a procedural move by Clearwater Republican Senator Jack Latvala Wednesday may have blocked this year’s effort to overhaul the state’s pension system.

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Overhauling the Florida Retirement System could be up in the air, after a procedural move in the Senate may have blocked that chamber from taking up a similar effort that merges both the state pension overhaul and a non-controversial effort to fix a troubled local pension system.

Sen. Bill Montford (D-Tallahassee)—who has the biggest number of public employees in his North Florida district—says he questions the need for an effort to overhaul the state’s pension system, which he says Legislature tries to do almost every year.

chartingyourfinancialfuture.com

The Florida House passed a bill Friday that merges two pension reform proposals: one dealing with local pensions and another dealing with the state’s pension system. But, it’s unclear what will happen in the other chamber now that the combined bill is still two separate proposals in the Senate.

Rep. Jim Boyd (R-Bradenton) is one of the sponsors of the merged House proposal. He contributed the part of the proposal that deals with overhauling the Florida Retirement System.

The Florida House is now poised to vote on a newly merged pension reform proposal—a huge priority of House Speaker Will Weatherford. The bill that passed its only committee earlier this week was taken up on the floor Thursday over the objections of Democrats who oppose the measure.

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The Senate’s pension reform proposal is now heading to the floor, after it passed its last committee Tuesday. But, tension surrounding the pension issue is mounting as those opposed say they’re tired of the legislature’s continual attacks on state workers.

Beverly Ledbetter is a longtime resident of Pasco County. She’s a former teacher who taught for 36 years, and she’s now receiving benefits under the Florida Retirement System’s defined benefit plan known as the traditional pension plan. But, she says it wasn’t always that way.

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A passionately-debated effort to overhaul the Florida Retirement System has now been merged with a widely-supported effort to fix local government pensions.  It’s part of an ongoing push by House Speaker Will Weatherford to get his state pension reform effort over the finish line. But, many spoke out against the now-merged House proposal Monday.

Florida Channel

A pension reform proposal is now heading to the House floor, while its Senate companion just cleared its first official committee. While both now scaled-back bills have their differences, they have an equal amount of opposition from public employees and most Democrats stacked against them.

Trilby Republican Senator Wilton Simpson’s bill has gone through several changes, and Thursday, during the Senate Government Oversight and Accountability Committee, it was no different.

MGN Online

A Senate proposal to overhaul the Florida Retirement System could have its first official committee hearing later this week. But, The recently scaled-back proposal—already starting to move in the House—could still be in trouble in the Senate.

Last week, the House State Affairs Committee agreed to advance a measure aimed at overhauling the state’s retirement system.

Florida Channel

A House panel has agreed to advance its version of overhauling the Florida Retirement System, despite much opposition from public employees and Democrats. The newer pension reform proposal is similar to a plan that died in the Senate last year.

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.

Florida House of Representatives

House Speaker-Designate Will Weatherford says the state can’t do ethics reform without campaign finance reform. Weatherford wants to make campaign contributions more transparent, and reduce the influence of third party groups. He says one way to do that is to raise contribution limits, which would let people give more money directly to candidates.