summary
Introduced
02/06/2019
02/06/2019
In Committee
04/03/2019
04/03/2019
Crossed Over
04/03/2019
04/03/2019
Passed
04/04/2019
04/04/2019
Dead
Signed/Enacted/Adopted
04/15/2019
04/15/2019
Introduced Session
2019 Regular Session
Bill Summary
Revising required employer retirement contribution rates for each membership class and subclass of the Florida Retirement System, etc.
AI Summary
This bill revises the required employer retirement contribution rates for each membership class and subclass of the Florida Retirement System, effective July 1, 2019. It increases the contribution rates for the Regular Class, Special Risk Class, Elected Officers' Class, Senior Management Service Class, and Deferred Retirement Option Program (DROP). The bill also includes a legislative finding that providing fair and adequate benefits to state and local government employees, officers, and retirees, as well as their dependents and survivors, serves an important state interest.
Committee Categories
Budget and Finance, Government Affairs
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Governmental Oversight and Accountability (S)
Last Action
Chapter No. 2019-8, companion bill(s) passed, see SB 2500 (Ch. 2019-115) (on 04/15/2019)
Official Document
bill text
bill summary
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bill summary
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bill summary
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