Florida Gov works the pension problem

Gov. Rick Scott released his plan Tuesday to cut costs in the state's pension fund by requiring all public employees — including teachers, police officers, current state workers and other government employees — to contribute 5 percent of their salary.

"We must bring Florida in line with the private sector and nearly every other state in the country by requiring government workers to contribute towards their own retirement," Scott said in an announcement.

The employee contribution would apply to the more than 650,000 government workers, ranging from firefighters and judges to clerks and cafeteria workers, who are covered by the Florida Retirement System.