More out, less in: Altered assumptions push Florida’s pension debt up $2.6 billion

In a small, unassuming Capitol conference room last week, state pension officials made multi-billion-dollar tweaks to the Florida Retirement System’s 1.1 million-member pension plan.  The two-day conference concluded with revisions to key assumptions used to determine the value of the state pension fund. The result: another $2.6 billion in public debt. Read full article