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PensionWatch

Is Florida Retirement System (FRS) Fully Funded?

Florida Retirement System (FRS) has a funding ratio of 82.2%, with $41.1B in unfunded liabilities. It has a Health Score of 76/100 (B). This plan is not covered by PBGC insurance.

Key Data

MetricValue
Funding Ratio82.2%
Health Score76/100 (B)
Unfunded Liability$41.1B
Total Participants1,065,000
PBGC Risk LevelNot covered
Plan Typepublic

Florida Retirement System (FRS) has a funding ratio of 82.2%, with $41.1B in unfunded liabilities. It has a Health Score of 76/100 (B). This plan is not covered by PBGC insurance.