pensions

Ryan Benk / WJCT News

Jacksonville police officers and Mayor Lenny Curry picked up pension negotiations where they left off last year.

The mayor is offering a better deal for new hires this time around, but union leaders still are not sold on his plan to move them into 401k-style retirement plans.


Ryan Benk / WJCT News

Although it’s still early in the negotiation process, Jacksonville Mayor Lenny Curry’s pension proposals are being met with steadfast opposition from employee unions.


The Office of Governor Rick Scott

Governor Rick Scott signed into law a slew of bills Friday, including one measure allowing the city of Jacksonville to extend a sales tax beyond its sunset date to shore up its indebted pension accounts. The law simply gives the city the ability to take the extension question to voters.

Jacksonville Association of Firefighters

A bill allowing Jacksonville to extend a half-cent sales tax to cover the city’s pension liability got its final green light from the Florida Legislature Wednesday.

Gov. Rick Scott is likely to sign the bipartisan measure.


money
401kcalculator.org

Two Florida Senate committees have OK’d a bill allowing Jacksonville to vote whether to extend a sales tax to cover pension debt.

But the bill is moving forward with a few changes from the original proposal by Mayor Lenny Curry.


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Jacksonville Mayor Lenny Curry says there’ll be no new investments in downtown development until the city can achieve pension reform.

The JAX Chamber says it’s all hands on deck to make sure state lawmakers pass the pension bill.


Ryan Benk / WJCT News

Jacksonville’s Downtown Rotary Club discussed pension reform options today Monday with City Council President Greg Anderson.

A panel of experts weighed consolidating the city’s three pension funds and the possibility the city could take control of the fund with the most debt.  


Peter Haden / WJCT

The Senate unanimously approved legislation Wednesday revamping how local pensions for police officers and firefighters are funded, bringing closer to resolution a long-running debate over the retirement plans.

The bill (SB 172), which now heads to the House, cleared the upper chamber 36-0 after less than 10 minutes of debate. It relies on a deal struck between cities and unions last year &mdash one that cities have backed away from after the re-election of Gov. Rick Scott in November.

News4Jax

Some members of the Jacksonville City Council say they’re not sure the agreement to reduce Jacksonville’s massive pension liability will pass the smell test with voters.

After months of negotiations, Jacksonville officials are close to completing a pension reform deal, but not everyone is thrilled with the terms of the agreement.

Mayor Alvin Brown / Facebook

After months of negotiations, a tentative agreement has been reached on reforming the city of Jacksonville’s pension system.

Jacksonville Mayor Alvin Brown joined Melissa Ross on First Coast Connect to discuss the latest from City Hall. Jacksonville attorney Wayne Hogan was also in studio, he’s partnering with the city on a summer initiative called Waterproof Jax.

You can follow Melissa Ross on Twitter @MelissainJax.

Negotiators working to reform Jacksonville’s Police and Fire Pension Fund head back to the table, trying to beat their self-imposed Thursday deadline.

Cyd Hoskinson / WJCT

Talks are underway on how to reform Jacksonville’s Police and Fire Pension Fund in a way that both the city and first responders can agree on.

Kevin Meerschaert / WJCT

The Jacksonville Retirement Reform Task Force has recommended the city increase taxes to help offset the nearly $1.7 billion unfunded liability owed to the Police and Fire Pension Fund, and it wants to let voters decide what kind of tax hike they would prefer.

City of Jacksonville

Among the policy challenges faced by city legislators, perhaps the one most closely tied to the economic prosperity of Jacksonville is pension reform.

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