Florida Pension

Reports show the Florida pension system had investment losses of about 6.2 percent during the fiscal year that ended June 30 — similar to pension-system losses across the country.

Florida leaders moved forward Tuesday with preventing state pension-fund investment decisions that promote “social, political or ideological interests.”

Gov. Ron DeSantis and the Florida Cabinet next week will consider a proposed resolution that would prevent state pension-investors from considering “the furtherance of social, political or ideological interests.”

Continuing to target what he calls “woke” corporations, Gov. Ron DeSantis wants to prohibit state investments that use “environmental, social and governance” ratings, which can include taking into account impacts of climate change.

“After work every day I would come out to stand for an hour and a half until it gets dark because I found out from my colleagues and my friends that not many people are aware how serious it is. I think my dad said specifically that it is of great importance to the whole world."

Moving state employees into riskier, but potentially more profitable retirement plans is just one way to trim the state’s $77 billion budget, Florida…

With the Florida House passing pension reform last week and the Senate vote coming up soon, the debate over state employee’s retirement plans isn’t quite…

Outside the House Chambers, firefighters, police and paramedics gathered on Thursday to protest against the plan, headed for a House vote, which would…