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The division manages Florida's state-administered retirement systems, monitors Florida's local public retirement systems, oversees local police and fire pension funds in the state that participate, and oversees the State University System Optional Retirement Program and the Senior Management Service Optional Annuity Program. [5]
In sum, the plan spends about $134 million for a 3% pay increase for 96,863 state employees. ... The starting salary for a Florida teacher is $47,500 compared to a national average of $50,200 ...
The Florida Retirement System (FRS) Pension Plan, a defined benefit plan, is one of the largest public retirement plans in the US. [13] At year-end, it comprised over 80 percent of total assets under SBA management. [3] The FRS Pension Plan serves a working and retired membership base of nearly one million public employees. [14]
Florida State University (FSU or Florida State) is a public research university in Tallahassee, Florida, United States. It is a senior member of the State University System of Florida and a preeminent university in the state. [15] Chartered in 1851, it is located on Florida's oldest continuous site of higher education. [16] [2]
Ryan, 225 So. 2d 903 (July 9, 1969), that both the old and new Florida constitutions gave all employees—whether employed in the public or private sector—the right to bargain collectively. The court did not hold that public employees had the right to strike or that the state had a duty bargain with its employees or their organization, but ...
Florida Atlantic University: Boca Raton: 1961 30,155 [13] University of West Florida: Pensacola: 1963 13,317 [14] University of Central Florida: Orlando: 1963 70,406 [15] Florida International University: Miami: 1965 56,732 [16] New College of Florida: Sarasota: 1960 (private, joined SUSF in 1975 via USF, independent 2001) 659 [17] University ...
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Approximately 93% of the working population in the United States are employees earning a salary or wage. [1] Typically, cash compensation consists of a wage or salary, and may include commissions or bonuses. Benefits consist of retirement plans, health insurance, life insurance, disability insurance, vacation, employee stock ownership plans, etc.