The Florida Retirement System has shrunk over the last year and some analysts are saying that it will not survive on its current course, with new legislation likely not to have much of an impact.
According to the Department of Management Service’s annual comprehensive financial report, the Florida Retirement System has had a net income loss of $21,773,027 in the 2022 fiscal year, after beginning the year at $202,082,182,546 and ending the year at $180,226,404,807.
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