Circuit Court Judge Jackie L. Fulford handed down a ruling today that would reverse the actions of the 2011 Legislature in assessing a mandatory 3% contribution from members of the Florida Retirement System. You may read the Official Ruling Here.
The following is an excerpt from the ruling, which is the gist of Judge Fulford’s ruling”
As would be expected, Florida Governor Rick Scott had the following comments; “As you would expect, I believe this decision is simply wrong,” Scott said in a statement. “The trial judge has ignored 30 years of Supreme Court precedent in a decision that refuses to allow Florida to have common-sense pension reform. This is another example of a court substituting its own policy preferences for those of the Legislature. The court’s decision nullifies the will of the people and leaves Florida as one of the only states in the country in which public employees contribute nothing toward their retirement, leaving working Floridians with 100 percent of the tab. The state plans to file a swift appeal to reverse this decision.”
Scott’s comments would appear to be at odds with the findings of Judge Fulford , who, in her ruling, indicated that the Florida Supreme Court is clear in its ruling, and “only the Florida Supreme Court is at liberty to reconsider its prior ruling”
FRSOptions will continue to monitor the process, and make our best efforts to keep all members informed.