By Rob Kozlowski Source: Pensions & Investments Florida's Senate approved a bill that would close the $183.1 billion Florida Retirement System Pension Plan to most new hires. The bill, approved Thursday 24-16, would close the defined benefit plan to most new hires starting June 30, 2022 and automatically enroll them in the Florida Retirement System Investment Plan, the state's $15.3 billion 401(a) plan. New hires currently have the option of joining either plan when they become state employees. "Special [...]