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Miami

Cypen & Cypen
SPECIAL SUPPLEMENT
for
JANUARY 27, 2011

Stephen H. Cypen, Esq., Editor

FLORIDA HOUSE BILL 303 WITHDRAWN 

Florida House Bill 303 (bit.ly/dUdqtl), which would have changed pension plans in significant ways, has been pulled from further consideration (see C&C Special Supplement for January 21, 2011). 

The Florida Police Benevolent Association, Inc. persuaded its sponsor, Representative Fredrick W. Costello, to withdraw his legislation, and the parties pledged to work together in the future. 

Because PBA felt the pension reforms were extreme, PBA leaders met with Representative Costello to share their concerns. Representative Costello indicated a willingness to address PBA's issues and work together to craft legislation that helps alleviate the current budget deficit, while protecting members' hard-earned retirement benefits. 

PBA has expressed its appreciation to Representative Costello for giving PBA representatives an open door and showing a sincere willingness to compromise on this extremely important issue. The next step will be a meeting among PBA, House Government Operations Committee Chairman Jimmy Patronis and Representative Costello to exchange ideas on pension reform. 

As we hear more from PBA, we will report it here. 

Good job. 

 


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Items in this Newsletter may be excerpts or summaries of original or secondary source material, and may have been reorganized for clarity and brevity. This Newsletter is general in nature and is not intended to provide specific legal or other advice.


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