Bill

Bill > S7016


FL S7016

State-administered Retirement Systems


summary

Introduced
02/06/2019
In Committee
04/03/2019
Crossed Over
04/03/2019
Passed
04/04/2019
Dead
Signed/Enacted/Adopted
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)

bill text


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