I Have Reset My Priorities
THE ARRIVAL OF SPRING OR THE FLORIDA LEGISLATURE? (EASY CHOICE)
It Only Took One Committee Meeting To Conclude These Guys Are Dangerous
Written by Duane Bradford. Last updated Wednesday February 26th, 2014
By DUANE BRADFORD
Whenever Florida lawmakers start fiddling with anything in the area of the state retirement system, my ears perk up. The huge retirement fund has long attracted the elected moneychangers. Like moths around a candle.
Last week, a Florida Senate committee chairman was doing his darndest to advance a piece of such legislation. But he was a little short on facts. His bill, a rather long one, was, he said, a "good bill" to encourage government employees to sign up to a "Cash Balance Plan" connected to the Florida Retirement System and maybe even opt out of the current retirement system. Teach them how to save money. Uh huh.
But he didn’t know how it would impact Florida’s current retirement program. How do you feel, a colleague on the committee asked the chairman, about asking us to vote on something when no actuary studies have been been made, and we don’t know the numbers? Hmmm. Good question. Words failed. But the bill (SPB7046) moved along.
It was then I decided that I would rather spend most of my time this 2014 legislative session watching the arrival of Spring in Tallahassee. My photograph below of the Japanese Magnolia at our home proves the wisdom of my decision.
Our Japanese Magnolia