In addition to all this, there's another hidden surprise: beginning in the following year's budget (July 2012) our health insurance cost is calculated quite differently. instead of X$ per month based on which type of plan you have, it will switch over to a per centage of the cost that the state pays, so you won't be able to count on it being a certain price, where the state usually shielded you from the high rate of inflation in the health-care industry. The state also has created 4 tiers of health coverage, where you can pay less and get less. I guess sometime next year we'll have all this explained to us with real dollar amounts attached, but I don't think the 3% paycut is the only cut we'll end up taking. I should point out also, anyone expecting a lawsuit to somehow make it all right for us, well, no lawsuit can happen without money, which means you'll need to join the union and pay the dues if you want them to be able to mount a legal challenge; talking or begging won't make it happen. Not having a COLA on your retirement payout amount is by far the biggest cut though. it's because over a 24 year period, the COLA actually doubled your pension payout amount to allow it to possibly keep pace with inflation. put another way, can you imagine yourself suddenly having your pension amount cut in half? that will ultimately be the effect without a COLA, and the 24 year number is based on average inflation over the past 24 years. if it's much worse in the future, it will be a shorter time. My understanding for anyone already near retirement though is that such people will retain most of their COLA. there's a complex formula involving years served so far before the 2011 cut-off date, and years served after that date. No matter how you slice it though, it's probably fairer to say we'll end up with a 5 to 10 per cent pay cut when all this is taken into consideration (maybe more for SES and SMS and high risk employees). I'm not echoing Bubbas complaints, just mentioning all this so everyone can prepare their own financial situation as best as is possible. It's not really the point of this list to just allow us to vent, but to try to help the blind individuals of this area, which help includes information. I'm sure there must be plenty of local forums and lists for Tallahassee state employees (actually all this applies to anyone using FRS I believe, so that would be county employees as well). Chip -----Original Message----- From: tabi-bounce@xxxxxxxxxxxxx [mailto:tabi-bounce@xxxxxxxxxxxxx] On Behalf Of Bubba Sent: Saturday, May 07, 2011 5:07 PM To: tabi@xxxxxxxxxxxxx Subject: [tabi] What about state of Florida public employees! Hi, got this from the Government Operations Appropriations Subcommittee. Here is what I found out. I work with the legislature myself. Now here it is: All employees will have to give up 3 percent of their pay, The only exemption is that public workers of the state of Florida that is retired or in the drop or that retires before 06/30/2011 and /or go into the drop before 06/30/2011 will not have to give up 3 percent of their pay. Any one after 06/30/2011 will have to pay this 3 percent even going into the drop as I under stand it. Now also all public employees will if not vested before 06/30/2011 will have to have 8 years to be vested in stead of 6 years. Also public workers will going into the drop will not get the 6.5 percent on their drop money instead after 06/30/2011 they will get only 1.3 percent, Also public workers will not get in the drop or retired there 3 percent cost of living raise this is to sunset in 2016, This is for employees that retires or go into the drop after 06/30/2011. In 2016 if the legislature want to they can then restore it to the 3 percent cost of living raise for drop people and retires if they choose so and if they choose to give 3 percent it could be anything between 0 and 3 percent. Retirees get to keep their 5 bucks for every year of service to use to go toward health insurance. Now this being said my opinion on this it would all be ok if we were benefitting from it. But we are not it is not going into the retirement fund it is going into the GR ( General Revenue fund ). So in my opinion this has now become a state of Florida public employees state income tax. So in my thoughts this is nothing but a tax on us. This is because we are not getting nothing for our money. It is not going into the retirement fund to increase or stabilize our retirement. We are not going to get any interest off of the 3 percent mandatory tax pay cut. Here again it is consider a tax now. Now this is too me not right at all and it looks like Discrimination on the public employee. Hope someone challenges this in court. Now to me it would have hurt but if it was specifically going to the retirement fund for increasing our retirement or stabilizing the retirement fund I could swallow it. But it is not it is going into the GR ( General Revenue fund ) just for balancing the budget. I really hope we can take this to court on Discrimination on public employees having to pay a state income tax when no other citizen has a state income tax in Florida. The old saying is if it walks like a duck, quacks like duck and looks like duck it must be a duck! This is a public employee state of Florida income tax because it looks like a duck, quacks like a duck and walks like a duck, so it must be a duck! Quack Quack ! Sign, Bubba Check out the TABI resource web page at http://acorange.home.comcast.net/TABI and please make suggestions for new material. if you'd like to unsubscribe you can do so through the freelists.org web interface, or by sending an email to the address tabi-request@xxxxxxxxxxxxx with the word "unsubscribe" in the subject. Check out the TABI resource web page at http://acorange.home.comcast.net/TABI and please make suggestions for new material. if you'd like to unsubscribe you can do so through the freelists.org web interface, or by sending an email to the address tabi-request@xxxxxxxxxxxxx with the word "unsubscribe" in the subject.