Continued Troubles in the Eurozone Dim Outlook for Florida Pensions

The Florida Retirement System stands at $121.14 billion, which is down $7 billion from a year ago and the head of the trust fund doesnt foresee the numberquickly increasing in the near future.

Ash Williams, executive director of the Florida State Board of Administration, said with the uncertainty of a referendum in Greece on a European debt bailout, equity has dipped.

Its definitely a time to mind our step, not have overly ambitious expectations, Williams said.