Florida GOP Advances Bill to Destroy Pensions
SB84 – the pension killing bill introduced by the Florida GOP- was voted out of the Appropriations Committee today with all Republicans supporting and all Democrats opposing. This bill- as I mentioned yesterday in my post- will shut down the pension plan to new hires in 2022 and force them into a risky 401K program.
During the hearing, Democrats like Senator Farmer from Broward pointed out that there was no study to show what would happen – in the long term- to benefits of current and future retirees. Republicans – with Chair Kelli Stargel leading the way- misled the public by saying the bill would not do anything to those already in the system. This is a sinister and manifest falsehood.
While it is true that those already in the system can keep the pension plan- there is no evidence that retirees will not see benefits reduced in the future. Why? The study the GOP paid for ignored the issue. When Senator Farmer offered an amendment to require a study- the ghost of Jeb Bush rose up and Republicans voted against it.
Special Class members are excluded so it is teachers who are going to be affected by this.
What was impressive was that several speakers opposing the bill identified as Republican or Independent teachers. These citizens should scare Governor DeSantis as he seeks a second term in 2022.
The entire meeting can be viewed here (Start 2 hours and 53 minutes into the meeting) The meeting is well worth your viewing. This writer supported DeSantis in 2018 but if he signs this bill this writer will work to defeat him in 2022.
If this bill becomes law- educational professionals are in trouble.