Time running short for Florida's underperforming pensions

State pension plan administrators have been slow to investment assumptions. That could be a costly delay.


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  • | 4:15 p.m. August 11, 2020
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The recession and volatility in financial markets is driving up required payments by state and local governments into the Florida Retirement System — just when both face a massive revenue crunch. This raises the question of how much risk should be baked into the system’s long-term savings plan.

 

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