Florida Retirement System

Managers of the state's retirement system pension fund are getting ready to drop investments in China-owned companies under legislation passed by the Florida Legislature.

ESG stands for environment, social, and governance. It's a way to track how a company handles risks like climate change, how it impacts the environment, and how it governs itself.

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.

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.”

The Florida Retirement System (FRS) until recently was led by a man who helped make the system a model for states around the country. Ash Williams managed a range of state investments, including the Hurricane Catastrophe Fund and money for local governments

In a potentially major change to the Florida Retirement System, a Senate Republican on Thursday proposed a bill that would require new state employees to enroll in a 401(k)-style plan.

State workers are in for a raise after Governor Rick Scott approved a sweeping measure earlier this week. But the pay bump comes with a tradeoff.The past…

State employees will be getting a pay raise this year, under a proposal now heading to the Senate floor. But, it’s tied to a controversial pension reform…

Amid budget negotiations, the House and Senate may be using the revival of a controversial pension reform package as a means to get on the same page. For…

A controversial pension reform bill that just passed the House is now in the Florida Senate’s hands. The Florida Senate unanimously passed a bill that…