Featured Jobs
|
Plan Administrator, Defined Benefit & Cash Balance The Pension Source
|
|
Defined Benefit Plan Consultant/Actuarial Analyst Sentinel Group
|
|
MAP Retirement
|
|
Retirement Relationship Manager MAP Retirement
|
|
Sentinel Group
|
|
MAP Retirement
|
|
Regional Vice President, Sales MAP Retirement
|
|
Pension Investors Corporation
|
|
Pattison Pension
|
|
DWC - The 401(k) Experts
|
|
BPAS
|
|
Strategic Retirement Plan Consultant Retirement Plan Consultants
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
|
Florida Pension Reform Plan Put on Hold
Miami Herald
Feb. 18, 2013
"A report ... by Milliman ... concluded that closing the state's pension system to future employees would endanger the benefits of those currently enrolled in the pension plan. The problem: Because [the] proposal would turn away new workers, the pension plan would be forced to rely on a shrinking payroll base on which contributions to retirees are made. To make up the shortfall, either workers or taxpayers would chip in more, the report stated.... But what the report didn't include were costs associated with keeping the pension plan intact, making it difficult to compare costs between reform and status quo."
|
| Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
| An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |