Comments on: Trouble Looms For State Pension Proposal

By: Frankie L. Lewis Jr

Frankie L. Lewis Jr — Sun, 23 Feb 2014 02:51:34 +0000

when I retired in 2007 the Florida was 103% funded.It was and still the best retirement system in the country.Ln fact it was the only one that was more than 80% funged.What has happened since then.All this is is a political move and will destroy the Florida retirement system.Politicians cant stand for the working class to have a good system they have got to change it to where the poor working class does not have a good system.

By: John

John — Wed, 19 Feb 2014 23:15:00 +0000

“If the plan’s investments made more than 2 percent, then three-quarters of the extra money would go to employees.”
So, one is punished by using good investment sense? Give me the money up-front and stay out of my business.

By: RUSerious

RUSerious — Wed, 19 Feb 2014 15:23:49 +0000

The Florida State Retirement System (FRS) is probably the most stable pension plan in America, there is absolutely no reason, fiscal or otherwise to make contractual changes. This is purely political posturing for no purpose beyond punishing state employees for accepting a job with Florida state, which should be a model employer.

By: c.w.

c.w. — Wed, 19 Feb 2014 10:35:30 +0000

The workers should get the same retirement package as the politicians. You can bet that will NEVER happen!