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Teamsters Denounce Florida High Court Ruling On Pensions

Wood Says Promises Made to Public Employees Must Be Kept

TAMPA, Fla., Jan. 17, 2013 /PRNewswire-USNewswire/ -- Teamsters Joint Council 75 President Ken Wood today said he is disappointed that Florida's Supreme Court overturned years of precedent in the way the state's pensions are funded.

(Logo: http://photos.prnewswire.com/prnh/20100127/IBTLOGO)

"The promises made to our public services employees are promises that should be kept," said Ken Wood, Teamsters Joint Council 75 president.

Wood said Teamster attorneys will review the decision before deciding on next steps.

"Pensions are simply deferred wages, and it is in Florida's interest to make sure that the workers who transport our children to school, protect our communities and perform essential public services can retire in dignity and modest comfort," Wood said.

Teamsters represent 25,000 city, county, state and federal workers, including those employed by the Florida Department of Corrections, the Osceola County School District, the City of Ft. Lauderdale and the Jacksonville Naval Fleet Readiness Center.

Founded in 1903, the Teamsters Union represents 1.4 million hardworking men and women throughout the United States, Canada and Puerto Rico. For more information, go to www.teamster.org or follow us on Twitter @TeamsterPower.

SOURCE Teamsters Joint Council 75
Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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