TALLAHASSEE, Fla. (WTXL) - For the second straight year, it appears Florida Legislators will likely choose to not make changes to the state's pension plan.
The Florida Senate refused by a 21-15 vote to take up the bill that would have taken many state employees off the Florida Retirement System.
The original bill passed by the Florida House would stop elected officials and top-level Florida employees from enrolling in the state's pension plan.
The legislation would also automatically place newly hired public employees on a 401(k) plan,l if the employees fail to make a choice within eight months of beginning their employment.
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.
