LISTEN LIVE

pension fund

Daylina Miller / WUSF Public Media

Tampa Mayor Bob Buckhorn wants to divest the city's employee pension fund from companies that make guns and ammo.

 

A recent staff review found that about $300,000 of the more than $800 million pension portfolio is linked to these kind of companies, according to city spokesperson Ashley Bauman. The decision to divest is ultimately up to the seven-member retirement board that oversees Tampa's employee pension fund.

Pension Numbers Increase Budget Pressure

Oct 6, 2017

State analysts agreed Thursday to lower the expected rate of return on Florida's $154 billion pension fund, which will put more pressure on lawmakers as they craft a new state budget.