Effort to overhaul public employee pension system looks dead for year The latest drive to overhaul the retirement system for public employees collapsed on the Senate floor Wednesday, all but ending House Speaker Will Weatherford’s drive to achieve one of his top priorities. A procedural move scuttled attempts to bring the House version of the bill (HB 7181) before the Senate. Despite attempts by Senate supporters to craft an amendment working around the issues, the measure didn’t come up in an afternoon session, and the sponsor said afterward that the bill is dead. “At this point, the best thing we can probably do is -- because of the opposing forces -- is to allow a Detroit-type moment to happen and then fix it from there,” Sen. Wilton Simpson, R-Trilby, said in a reference to dramatic changes in Detroit’s pension plans after the city went bankrupt. Weatherford, R-Wesley Chapel, did not completely give up on the legislation, but he admitted that prospects for approving the measure were bleak. The 60-day legislative session ends Friday. mypalmbeachpost/news/news/on-the-fla-ballot-which-governor-picks-3-supreme-c/nfmSR/
Posted on: Thu, 01 May 2014 14:17:25 +0000
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