Tag: defined benefit plan

A.G. GancarskiNovember 22, 2016
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10min335
Tuesday saw senior staff from the city of Jacksonville locked in negotiations with representatives from the Jacksonville Association of Firefighters. Spoiler alert: those negotiations won’t be wrapped up in time for Thanksgiving. The fire union seems to prefer switching to the Florida Retirement System’s pension plan; the city likes defined contribution. That is a huge gap. […]

A.G. GancarskiJuly 18, 2016
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3min247
Bill McClure, a Republican running in Florida’s 4th Congressional District, has messaged heavily during this campaign against both Jacksonville’s referendum to extend a current half-cent tax to address the unfunded pension liability, and against public pensions in general. The latest example of his rhetoric, “When elected to Congress I will decline all congressional pension benefits ... […]


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