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Scott very concerned about state pension fund's investment return

State Board of Administration Executive Director Ash Williams checks his charts on an overhead monitor during the Tuesday meeting of Gov. Rick Scott and state Cabinet officers. Photo by Bill Cotterell, The Florida Current.

Gov. Rick Scott said Tuesday he remains "extremely concerned" that a 7.75 percent projected earning rate of the Florida Retirement System's massive investment portfolio is too high, and that meeting pension payments to hundreds of thousands of government retirees could become a big burden on future state budgets.

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