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2. State Board of Administration of Florida - Wikipedia

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

   The Division of Retirement and the Florida Legislature is responsible for the administration of retirement benefits, the setting of benefit levels or the setting of contribution rates for participating employers. The Investment Advisory Council provides independent oversight of the FRS Pension Plan's general objectives, policies, and strategies.

3. State pensions for public workers in Florida could be ... - AOL

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

   It paid out $12 billion last year in pension and healthcare coverage, according to the State Board of Administration, ... in the FRS investment plan, compared to the 485,689 workers in the ...

4. Federal Retirement Thrift Investment Board - Wikipedia

   en.wikipedia.org/wiki/Federal_Retirement_Thrift...

   The Thrift Savings Plan is a tax-deferred defined contribution plan similar to a private sector 401(k) plan. The Thrift Savings Plan is one of the three parts of the Federal Employees Retirement System, and is the largest defined contribution plan in the world. As of August 2021, the board manages $794.7 billion in assets on behalf of 6.4 ...

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. 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. What are pension plans? - AOL

   www.aol.com/finance/pension-plans-181440876.html

   Pension plans operate on the principle of accruing benefits over an employee’s career. During their employment, the employer contributes to the plan on behalf of the employee. The money is then ...

7. 401(k) withdrawal rules: What to know before cashing out ...

   www.aol.com/finance/what-are-401k-withdrawal...

   The minimum withdrawal age for a traditional 401 (k) is technically 59½. That’s the age that unlocks penalty-free withdrawals. You can withdraw money from your 401 (k) before 59½, but it’s ...