FRS meaning in Governmental ?

Answer:

What is Florida Retirement System mean?

The statutory and fiduciary mandate of the State Board of Administration of Florida (SBA) is to invest, manage and safeguard assets of the Florida Retirement System (FRS) Trust Fund as well as the assets of a variety of other funds. The SBA manages 25 different investment funds and trust clients.

Trusts are investment responsibilities allowed under law and established pursuant to trust agreements or other forms of consent with individual clients. Three of the SBA's 25 funds are government investment pools that contain the assets of a variety of clients. Twenty-two clients have at least some of their assets in separately managed funds. The remaining clients are invested solely in one or more of the SBA's investment pool products. Pooling smaller portfolios into larger investment funds affords economies of scale and other investment management advantages, enhancing returns for participants.

Because the SBA is a constitutional entity, it would take a constitutional amendment to change the way the agency is governed.

The SBA has other responsibilities including:

Providing personalized retirement planning and financial counseling support to members of the Florida Retirement System through the MyFRS Financial Guidance Program (created under by the Florida Legislature in 2000)Administering the Florida Hurricane Catastrophe Fund and its associated programsServing as an investment consultant to retirement programs administered by other Florida state agencies, including the State of Florida Deferred Compensation Program and the State University System Optional Retirement ProgramManaging the corporate affairs of the Inland Protection Financing Corporation, a public-private entity created to raise funds to pay reimbursement claims for pollution cleanupManaging the corporate affairs of the Florida Water Pollution Control Financing Corporation, which is the state's revolving fund set up to finance clean water initiatives for local water and wastewater systemsAdministering debt service funds for bonds issued according to the State Bond Act, which allows the Division of Bond Finance to issue tax-exempt bonds to provide capital financing for state and selected government agencies. The SBA also serves as escrow agent for the bonds.Providing administrative support for the Division of Bond Finance and the Florida Prepaid College plansGenerating annual, monthly and quarterly reports detailing performance and investment activities reference

Full Form	Category
Fellow Research System	Academic & Science
Flexible Research System	Academic & Science
Fisheries Research Services	Academic & Science
Fellow of Royal Society	Academic & Science
Flexible Robotic Solutions	Academic & Science
Fellowship of the Royal Society	Academic & Science
Faculty Research Space	Academic & Science
Featured Research Sessions	Academic & Science
Financial Reporting Standard	Accounts and Finance
Financial Records System	Accounts and Finance
Flores	Airport Code
Federal Reserve System	Banking
Fidelity Residential Solutions	Business
Financial Reporting Solution	Business
Financial Recovery Strategies	Business
Frischs Restaurants, Inc.	Business
Financial Review Services	Business
Financial Reporting System	Business
Free Radical Scavenger	Chemistry
Family Resource Specialist	Community
Family Resource Schools	Community
Forest and Rangeland Stewardship	Community
Future Ready Schools	Community
Francisco Rojas School	Community
Family Radio Service	Community
Full Room Stereo	Community
Family Radio System	Community
Foundation for Rural Service	Community
Florida Relay Service	Computer and Networking
File Replication System	Computing
Font Resource	Computing
Frame Rate Scheduler	Computing
Freely Redistributable Software	Computing
Flexible Route Selection	Computing
File Record Segment	Computing
File Reputation Service	Computing
Fellow of The Royal Society	Educational Degree
Wordperfect for Windows Screen Font Resource File	File Type
File Registry System	General
Facility Registry Service	General
Facility Registry Services	General
Full Radical Scavenger	General
Functional Requirement Specification	General
Flat Rate Scheme	General
Freelance Recruitment Services	General
Freelance Recruiment Serivces	General
Fast Recovery System	General
File Replication Services	General
For Restless Sleepers	General
File Replication Service	General
Fundamentals Repetition and Simulation	General
Family Recovery Services	General
F R S For Restless Sleepers	General
Forward Repair System	General
Florida Radiological	General
Fishsludge Recovery System	General
Fast Reliable Seaways	General
Family Resource Simulator	General
Folding Rear Seat	General
Facial Recognition System	General
Ford Racing School	General
Front and Rear Suspension	General
Far1 Related Sequence	General
Fast Road Setup	General
Fixed Route Service	General
Ford Rally Sport	General
Fast Recovery Solutions	General
Fuel Returnless System	General
Flatland Rover Society	General
Front Engine Rwd Sports	General
Fox Racing Shox	General
Flat Rate Schedule	General
Fitment Rating System	General
Flog Reductionist Scientists	General
Flexible Resin System	General
Facheesie Random Stuff	General
Fred Reeves Sportscars	General
Flat Roof Sleeper	General
Desoto Firesweep	General
Ford Freestar	General
Family Reconciliation Services	General
Fiber Ring Service	General
Florida Retirement Services	General
Fraud Reporting System	Governmental
Flight Reservation System	Governmental
Facility Registry System	Governmental
Florida Retirement System	Governmental
Federation of Regulation Society	Governmental
Framingham Study	Medical
Fighter, Reconnaissance, and Strike	Military and Defence
Frequent Reports Sent	Military and Defence
Functional Requirements Specification	Military and Defence
Fully Responsive System	Military and Defence
Flores, Guatemala	Regional
Frontier Regional School	Regional
Flaim Result Set	Softwares
Family Reporting Software	Softwares
Functional Requirements Statement	Space Science
Flight Recovery System	Sports
First Racing Start	Sports
Frame Relay Service	Telecommunication