summary
Introduced
01/18/2023
01/18/2023
In Committee
01/26/2023
01/26/2023
Crossed Over
Passed
Dead
05/05/2023
05/05/2023
Introduced Session
2023 Regular Session
Bill Summary
Revising the definition of "normal retirement date"; decreasing the age and years of service needed to reach the normal retirement date for certain members; authorizing certain members of the Special Risk Class to apply to participate in the Deferred Retirement Option Program within a specified time period; providing a declaration of important state interest, etc.
AI Summary
This bill revises the definition of "normal retirement date" for members of the Special Risk Class of the Florida Retirement System. It decreases the age and years of service needed to reach the normal retirement date for certain Special Risk Class members. The bill also authorizes certain Special Risk Class members to apply to participate in the Deferred Retirement Option Program (DROP) within a 12-month period following the effective date of the bill, even if they had previously missed the 12-month DROP election period. To fund the benefit changes, the bill increases the required employer contribution rates for the Special Risk Class and DROP.
Committee Categories
Budget and Finance, Health and Social Services
Sponsors (24)
Ed Hooper (R)*,
Bryan Ávila (R),
Lori Berman (D),
Lauren Book (D),
Jim Boyd (R),
Jason Brodeur (R),
Danny Burgess (R),
Jay Collins (R),
Tracie Davis (D),
Nick DiCeglie (R),
Ileana Garcia (R),
Joe Gruters (R),
Gayle Harrell (R),
Blaise Ingoglia (R),
Shev Jones (D),
Rosalind Osgood (D),
Jason Pizzo (I),
Tina Polsky (D),
Bobby Powell (D),
Ana Maria Rodriguez (R),
Darryl Rouson (D),
Victor Torres (D),
Jay Trumbull (R),
Tommy Wright (R),
Other Sponsors (1)
Governmental Oversight and Accountability (Senate)
Last Action
Died in Appropriations (on 05/05/2023)
Bill Topics
Labor and Employment
- ‐ Employee Benefits
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.flsenate.gov/Session/Bill/2023/224 | 01/18/2023 |
| Analysis - Community Affairs (Post-Meeting) | https://www.flsenate.gov/Session/Bill/2023/224/Analyses/2023s00224.ca.PDF | 04/05/2023 |
| Analysis - Community Affairs (Pre-Meeting) | https://www.flsenate.gov/Session/Bill/2023/224/Analyses/2023s00224.pre.ca.PDF | 04/03/2023 |
| BillText | https://www.flsenate.gov/Session/Bill/2023/224/BillText/c1/HTML | 03/23/2023 |
| Analysis - Governmental Oversight and Accountability (Post-Meeti | https://www.flsenate.gov/Session/Bill/2023/224/Analyses/2023s00224.go.PDF | 03/23/2023 |
| https://www.flsenate.gov/Session/Bill/2023/224/Amendment/367100/HTML | 03/21/2023 | |
| Analysis - Governmental Oversight and Accountability (Pre-Meetin | https://www.flsenate.gov/Session/Bill/2023/224/Analyses/2023s00224.pre.go.PDF | 03/21/2023 |
| BillText | https://www.flsenate.gov/Session/Bill/2023/224/BillText/Filed/HTML | 01/18/2023 |
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