Despite a topsy-turvy year in the world financial markets, Florida’s $142 billion pension fund managed to show a gain for the seventh straight year. Ash Williams, executive director of the State Board of Administration, which manages the fund, told Gov. Rick Scott and the Cabinet on Tuesday that the fund ended the state fiscal year on June 30 with a .061 percent gain. The fund pays retirement benefits for state workers, county employees, teachers and university personnel.
Categories: Budget, Funding, In the News, Personnel, Retirement, TeachersBy fsbawp