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Fla. pension proposals worrying workers

Proposals requiring Florida state workers to contribute part of their income to their pensions are raising concerns over the effect it may have on lower-income workers.

By Ginny Kipling | Updated on April 22, 2011

Proposals requiring Florida state workers to contribute part of their income to their pensions are raising concerns over the effect it may have on lower-income workers.

The Florida House passed a bill earlier this month which would force employees to contribute 3 percent of their income to their pensions, while the Senate proposed a tiered plan, which reduces the required contribution to 2 percent for those making less than $25,000 a year, and going up to 6 percent for those making $50,000 or more a year.

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