Florida’s pension plan performing well over long term
A new state report finds that Florida’s massive retirement account for public employees did not meet its goals over the past year, but that it’s still doing well over the long term. Researchers who work for the Florida Legislature released a report this past week that looked at the performance of the Florida Retirement System pension plan. The pension plan, which is worth about $141 billion, has nearly 1 million active and retired enrolled members. The report found that the…
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