State Board of Administration of Florida

The Florida House of Representatives on March 22 passed HB 7011, which would eliminate participation in the Florida Retirement System defined benefit plan for all new public employees.

Canada Pension Plan Investment Board, Toronto, and Florida State Board of Administration, Tallahassee, have voted their Agrium Inc. shares in support of all the company's 12 directors, refusing to go along with a shake-up of the board by JANA Partners.

The Florida Senate commissioned Milliman to conduct an actuarial study of the financial impact of closing the Florida Retirement System's defined benefit plan to some state employees

The Florida Legislature advanced defined benefit pension limitations after the Senate Appropriations Committee on Thursday passed and sent to the full Senate a bill that would close the state defined benefit plan to some state employees, while providing an incentive for others to join the defined

Florida State Board of Administration, Tallahassee, is searching for a real estate and strategic investments consultant.

Altus Group withdrew from consideration as a finalist in a search by Florida State Board of Administration, Tallahassee, calling the process “unfair” and “not transparent,”

Hewlett-Packard Co. shareholders voted to elect all 11 nominees for director, although five directors who were the subject of pension fund opposition received a large percentage of the vote against their retention.

Florida State Board of Administration plans to re-evaluate its asset allocation, depending on the outcome of pending legislation that could close defined benefit pension plans to new employees or revise the benefit structure, according to action taken at its investment advisory council meeting ...

Florida State Board of Administration, Tallahassee, placed on watch four money managers running a total of $1.7 billion, and removed from watch three asset managers running a total of $2.3 billion.

Florida State Board of Administration and the American Federation of State, County and Municipal Employees Pension Plan are seeking changes in Hewlett-Packard Co.'s board and will vote their shares against the election of five directors, adding to pressure from other pension funds.

Florida State Board of Administration plans to hire Altus Group or Real Estate Research or both for appraisal management services for real estate and alternative investments, depending on the outcome of negotiations.