2 Fla. Lawmakers Break with Party Over Pension Reform

Florida's Senate Budget Committee is haggling over the details of a controversial plan to tackle a nearly $4 billion deficit.

The committee passed a plan requiring public sector workers to contribute 3 percent of their pay toward their retirement. Right now, the state picks up the entire tab.

The legislation would also force new hires into a 401-K-style plan in contrast to the current defined benefit system. It would also raise the retirement age from 55 to 62 for so-called "special risk" employees, like police officers and firefighters.

After heated testimony from law enforcement and teachers, two republicans broke with their party and voted against the bill. Two more say they'll vote against the pension reform bill on the Senate floor unless it's amended.

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  • by toby on Apr 1, 2011 at 08:56 AM
    This is the kind of coward politicians that we don't want in this country anymore.The majority is sick and tired of paying two to three times as much as the private sector recieves, for the same jobs that gov't employees recieve.
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