FRS one of top 5 state pension plans in the nation

The Florida Retirement System is one of the top five state pension systems in the nation, according to Robert Dezube of the Milliman consulting firm which issued a preliminary report on the system on Wednesday. Although the state’s investments took a hit in 2009 stock market crash, they have recovered over the past two years. Today, the FRS unfunded liability is only 13 percent. Read more.

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Author: Rick Outzen

Rick Outzen is the publisher/owner of Pensacola Inweekly. He has been profiled in The New York Times and featured in several True Crime documentaries. Rick also is the author of the award-winning Walker Holmes thrillers. His latest nonfiction book is “Right Idea, Right Time: The Fight for Pensacola’s Maritime Park.”