Bill

Bill > H5007


FL H5007

State-administered Retirement Systems


summary

Introduced
03/31/2021
In Committee
04/01/2021
Crossed Over
Passed
Dead
04/30/2021

Introduced Session

2021 Regular Session

Bill Summary

An act relating to state-administered retirement systems; amending s. 121.71, F.S.; revising required employer retirement contribution rates for each membership class and subclass of the Florida Retirement System; providing a declaration of important state interest; providing an effective date.

AI Summary

This bill amends Section 121.71 of the Florida Statutes to revise the required employer retirement contribution rates for each membership class and subclass of the Florida Retirement System, effective July 1, 2021. The bill also includes a declaration of important state interest, stating that the purpose of the act is to provide fair and adequate benefits to state and local government employees, officers, retirees, and their dependents in an actuarially sound manner, as required by the state constitution.

Sponsors (1)

Other Sponsors (1)

Appropriations Committee (H)

Last Action

Laid on Table, refer to SB 7018 (on 04/08/2021)

bill text


bill summary

Loading...

bill summary

Loading...

bill summary

Loading...