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  2. State Board of Administration of Florida - Wikipedia

    en.wikipedia.org/wiki/State_Board_of...

    www.sbafla.com. The statutory and fiduciary mandate of the State Board of Administration of Florida (SBA) is to invest, manage and safeguard assets of the Florida Retirement System (FRS) Trust Fund as well as the assets of a variety of other funds. The SBA manages 25 different investment funds and trust clients.

  3. State pensions for public workers in Florida could be boosted ...

    www.aol.com/state-pensions-public-workers...

    The SBA counts 184,923 workers as members in the FRS investment plan, compared to the 485,689 workers in the traditional pension plan. As of Friday, neither of the proposals had been scheduled for ...

  4. Public employee pension plans in the United States - Wikipedia

    en.wikipedia.org/wiki/Public_employee_pension...

    In many states, public employee pension plans are known as Public Employee Retirement Systems (PERS). Pension benefits may or may not be changed after an employee is hired, depending on the state and plan, as well as hiring date, years of service, and grandfathering. Retirement age in the public sector is usually lower than in the private sector.

  5. Ray Rodrigues - Wikipedia

    en.wikipedia.org/wiki/Ray_Rodrigues

    Instead, the employees would be required to enroll in the FRS investment plan. The bill contained an exception for members of the FRS’s Special Risk Class. [50] Rodrigues’ primary justification for the proposal was the need to curb the growth of the FRS’s unfunded actuarial liability (UAL), valued at $36 billion as of July 1, 2020.

  6. How to invest in stocks: Learn the basics to help you get started

    www.aol.com/finance/invest-stocks-best-ways...

    Research shows that passive investors tend to do much better than active investors. 4. Determine how much you can invest in stocks and then start buying. The key to building wealth is to add money ...

  7. 5 ways to recession-proof your retirement portfolio

    www.aol.com/finance/5-ways-recession-proof...

    2. Beef up your emergency fund. An emergency fund is a cornerstone of a recession-proof retirement plan. An emergency fund gives you a financial safety net to cover unexpected expenses, such as ...

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