Tag: FRS

Lloyd DunkelbergerJanuary 17, 2018

Florida counties will have to contribute an additional $66 million to the state pension fund in the new budget year, according to legislation that has started moving in the Senate. As a result of a decrease in the assumed rate of investment return on the $160 billion pension fund, counties, school boards, state agencies, universities, […]

A.G. GancarskiJanuary 24, 2017

Jacksonville City Councilman Tommy Hazouri made his position clear Tuesday relative to legislation closing the Florida Retirement System’s defined benefit plan to new cities. The legislation, said Hazouri, is “dead on arrival.” [Worth noting: there is a House and Senate version of this bill. Rep. Jason Fischer filed House Bill 353, while Jeff Brandes filed Senate Bill 428. Each bill […]

Phil AmmannAugust 2, 2016

Florida’s state retirement system is showing a net gain over the past fiscal year, a streak of positive returns now in its seventh year. LobbyTools reports the Florida State Board of Administration released preliminary investment performance figures Tuesday for the fiscal year ending June 30. The numbers show the Florida Retirement System Pension Plan earning […]


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