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The most recent LeRoy Collins Institute assessment of the financial condition of municipal pension plans in Florida found the number of pension systems receiving an “A” grade increased significantly, from just 21 pension plans in 2011 to 73 plans in 2017.
And, the number of plans receiving an “F” grade fell substantially during that same time period from 60 in 2011 down to just four in 2017. However, nearly half of the plans still only receive a “C” grade or lower and may be at significant risk of slipping back into lower grades.
Access to the full report is here.
– Carol Weissert, LeRoy Collins Institute