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The economy is taking a huge toll on Florida�s pension fund. The fund dropped about 20 percent of its value over the past year. Still Florida�s fund is among the healthiest pension plans in the nation, because it held an eight billion dollar surplus before the economy went south. Florida�s Chief Financial Officer Alex Sink says retirees depending on the fund shouldn�t worry.

�The pension fund is very sound and certainly they�ve taken a hit just like anyone else�s investment portfolio has taken a hit over the last year, but fortunately here in Florida we started off in an overfunded position so we had a cushion to begin with,� said Sink.

If the fund drops too much, city and county governments could be asked to put more money into the system. CFO Sink says she doesn�t see that happening anytime soon.