Lawsuit settlement in pension reform fight?
Updated On: Apr 29 2013 07:10:00 PM EDT
There's a new development in the city of Jacksonville's multimillion dollar pension fight with police and firefighters.
The mediator's report, filed with eh U.S. District Court on Monday, says both parties are mediating in good faith and are seeking an extension of the deadline for an agreement to be extended to May 31.
The judge granted the extension.
The unions and the city have been at odds over who should negotiate pension reform. The city wants the unions to sit down and talk. The unions say that's not their job but the Police and Fire Pension Fund's.
Mayor Alvin Brown has been pushing for pension reform, saying his new plan could save Jacksonville 1.5 billion in 30 years. He said this year, the city will spend $121 million on the pension plan, up 60 percent over the last two years.
Since this is in mediation, all sides say they can't comment because of the proceedings.
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