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| Finance OKs corrections pension plan |
| By Financial NEws & Daily Record |
| Published: 02/03/2009 |
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FLORIDA - Warren Jones said the City Council was morally obligated to pass a controversial amendment to the pension plan of the City’s correctional officers. Daniel Davis said he will make the City’s three pension plans a priority during his last two-and-a-half years in office. Jack Webb called the legislation a “bad case study” in pension plans. Michael Corrigan said the City should uphold an agreement it signed three years ago. Stephen Joost consulted an attorney before making his final decision. And, Clay Yarborough simply wants to know where the City will get the money to pay for its pension plans. If it sounds like the members of the Council Finance Committee tried hard to reject legislation that amends the plan of the corrections officer, you would be right. In the end, however, the committee voted 6-1 Monday in favor of the bill (only Yarborough voted against it, as he did earlier in the Rules Committee meeting), which now needs a two-thirds vote of the Council Tuesday night. Read more. |
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