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Instead of boasting, Florida should be bracing for bad pension news and more debt

MAY 27, 2020 | by Raheem Williams | REASON FOUNDATION

By Raheem Williams, includes “As states like Illinois call for federal bailouts and funding to assist their struggling public pension systems, Sen. Rick Scott is boasting about the fiscal condition of the Florida Retirement System. … While it is true that Florida is in a better position … the state’s policymakers should not mistakenly view the Florida Retirement System’s (FRS) current financial status as strong or acceptable.”

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