• Although improvements have been made since the 2000 valuation, the department’s consulting actuary should include a more detailed analysis of the causes of gains and losses to the system’s liabilities in future valuations.
• Retirement rate assumptions should be monitored for appropriateness, especially for younger system members.

Which Government Program Summaries contain related information?

Retirement Benefits Administration

What other OPPAGA-related materials are available?

• Report No. 08-30 Florida Retirement System Pension Plan Fully Funded and Valuation Met Standard, published in April 2008.
• Report No. 07-24 Program Review: Florida Retirement System Pension Plan Fully Funded and Valuation Met Standard, published in April 2007.
• Report No. 04-13 Program Review of the Florida Retirement System Pension Plan Fully Funded and Valuation Met Standards, published in February 2004.
• Report No. 03-21 Program Review:  Recommended Florida Retirement System Contribution Rates Remain Reasonable; Asset Growth Has Slowed, published in March 2003.
• Report No. 01-18 Program Review: Recommended Florida Retirement System Contribution Rates Are Reasonable, published in March 2001.
• Report No. 99-52 Program Review: Investment of Florida Retirement System Assets Meets Goals, But Earnings Could Be Increased, published in May 2000.

Copies of this report in print or alternate accessible format may be obtained by telephone (850/488-0021), by FAX (850/487-9213), in person, or by mail (OPPAGA Report Production, Claude Pepper Building, Room 312, 111 W. Madison St., Tallahassee, FL 32399-1475).
e-mail address: oppaga@oppaga.fl.gov