FL Governor Rick Scott |  FL Dept. of Transportation |  FL Dept. of Environmental Protection |  Florida Fish and Wildlife Conservation Commission |  FL Dept. of Citrus |  FL Dept. of Management Services |  Public Service Commission |  FL Dept. of Health
State and Local Administration >
Sen. Latvala voices opposition to new pension plan as bill moves in the House

State Sen. Jack Latvala said Thursday that he’s opposed to making state workers' retirement program into a defined contribution plan. File photo by Bill Cotterell.

A bill to move new state workers into a 401(k)-like defined contribution pension plan passed through its first House committee Wednesday, but a key senator is directly opposed to the plan.

The committee bill (PCB GVOPS 13-01) closes the defined benefit Florida Retirement System as of July 1, and requires new pension enrollees to join the investment plan as of July 1, 2014. It also prohibits new hires from applying for disability benefits.

This brief has been archived. The entire brief is available exclusively to LobbyTools subscribers.

Already a subscriber? Login, or call 850-915-0100 ext. 1 for customer support.

Try out LobbyTools FREE!
Related Current