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Daily Archives: October 13, 2016

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  3. October
  4. 13

Tweak in state pension projection comes with cost

Advocacy, Budget, Funding, In the News, Personnel, RetirementBy fsbawpOctober 13, 2016

State analysts agreed Thursday to lower the expected rate of return on Florida’s $144 billion pension fund, while warning that it may be the first in a series of annual downward adjustments.  The shift from a 7.65 percent rate of return to 7.6 percent may seem slight, but it has implications for the $82 billion…

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