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News Story
Updated: 01/18/2013 10:53:15AM

Fla. Supreme Court upholds pension law

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By BRENDA BARBOSA

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The Florida Supreme Court’s decision Thursday to uphold a state law that requires teachers, state and county employees to contribute 3 percent of their pay to Florida’s pension plan was bittersweet news for Charlotte and Sarasota county officials, who simultaneously breathed sighs of relief while gritting their teeth.

“Right here it’s good news,” said Charlotte County Administrator Ray Sandrock, pointing to the county’s overall budget. “But the other side of that is that there’ll be some disappointment on the side of the employees.”

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