Although Florida House Republicans annually call for overhauling the Florida Retirement System used by about 1 million active and retired public employees, a new study says it’s one of the most solvent funds in the nation.
Pew Charitable Trusts’ Fiscal 50 report released Tuesday shows that the low level of Florida’s debt and unfunded employee health and retirement costs place it in the top 10 of the country.
And in a measure debt-reducing Gov. Rick Scott will certainly embrace, Florida also is listed first nationally in terms of the percentage cut in money owed since 2003.