11-13-2012, 11:28 PM
Incoming Florida House Speaker Will Weatherford outlined his agenda for the 2013 legislative session. It includes pension changes for FRS employees.
He supports eliminating guaranteed pension benefits for newly hired FRS employees as a cost-cutting measure.
Instead, they’d go into the state’s defined contribution plan, where benefits can vary depending how successful an employee’s investment choices turn out.
http://politics.heraldtribune.com/2012/11/13/weatherford-focus-on-issues-that-matter/
He supports eliminating guaranteed pension benefits for newly hired FRS employees as a cost-cutting measure.
Instead, they’d go into the state’s defined contribution plan, where benefits can vary depending how successful an employee’s investment choices turn out.
http://politics.heraldtribune.com/2012/11/13/weatherford-focus-on-issues-that-matter/