• Fla. unlikely to approve changes to state pension

    Updated:

    TALLAHASSE, Fla. - For the second year in a row, it appears legislators will reject changes to the state's pension plan.

    The Florida Senate on Wednesday refused by a 21-15 vote to take up a bill that would steer public employees away from the state's traditional pension plan, also known as the Florida Retirement System.

    The bill passed by the Florida House would stop elected officials and top employees in state government from enrolling in the state's traditional pension plan. 

    The legislation would also automatically place newly hired public employees in an investment 401(k) plan if the employees failed to make a choice within eight months of starting their jobs.

    House Speaker Will Weatherford acknowledged that the bill was in "trouble" with just two days left in the annual session.

    Next Up:


  • Headline Goes Here

    Fla. unlikely to approve changes to state pension

  • Headline Goes Here

    Florida judge rules patients may smoke medical marijuana

  • Headline Goes Here

    Tracking Alberto: Impact to Central Florida & holiday weekend

  • Headline Goes Here

    Noblesville, Indiana middle school shooting: 2 injured, student in custody

  • Headline Goes Here

    Alberto: What is a subtropical storm?