Lost Jobs?

Cops are close. Some administrators are close to each other.

As far as adjusting the pensions for those of us that are not vested, does anyone know what they (the City) can do as far as changes? Obviously it will not be in our interest, I was under the impression that they will be able to change the pension for "new hires" but if you signed on for a certain pension then thats what you are locked in at, much the the insurance issue back in the 90's. Any ideas or insight??????

As far as adjusting the pensions for those of us that are not vested, does anyone know what they (the City) can do as far as changes? Obviously it will not be in our interest, I was under the impression that they will be able to change the pension for "new hires" but if you signed on for a certain pension then thats what you are locked in at, much the the insurance issue back in the 90's. Any ideas or insight??????

You're not locked into any pension unless you're "vested." Even then, then can cash you out (if they need to). When the Sarasota County fire department absorbed the Sarasota City fire department, those who weren't vested automatically went into the Florida Retirement System (FRS).