Pension Crisis

Fla. Supreme Court Upholds Public Pension Law

Employees required to contribute 3 percent into own retirement fund

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TALLAHASSEE, Fla.—The Florida Supreme Court has upheld a law requiring public employees to contribute 3 percent of their pay to the state's pension plan.

The 4-3 decision on Thursday reversed a trial judge's ruling that said the law violated the collective bargaining and contract rights of about 600,000 teachers, state and county employees and some city workers.

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