Governor Scott Targets State Pension Funds
There is growing anxiety among civil servants as Governor Rick Scott declared their retirement plans "a fiscal ticking time bomb." The new governor is considering whether to have employees contribute to a 401-k style pension plan. Some teachers argued the current system is a form of security and promised benefits for years of faithful service.
"I think we're all concerned because we're not really sure which way Governor Scott is going to go," said Gainesville High School teacher Peggy Johnson.
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