Bill

Bill > H0087


FL H0087

FL H0087
Death Benefits Under the Florida Retirement System


summary

Introduced
08/20/2015
In Committee
09/10/2015
Crossed Over
Passed
Dead
03/11/2016

Introduced Session

2016 Regular Session

Bill Summary

Authorizes payment of death benefits to surviving spouse or children of Special Risk Class member killed in line of duty; specifies eligibility; authorizes payment of death benefits to surviving spouse or children of Special Risk Class member in investment plan; establishes qualifications & eligibility requirements; prescribes method of calculating benefit; specifies circumstances under which benefit payments are terminated; requires State Board of Administration or Division of Retirement to take certain action upon receipt of notification of disqualification from IRS; provides for allocations for death benefits authorized by act; requires State Board of Administration to transfer moneys to fund survivor benefit payments; adjusts employer contribution rates; declares that act fulfills an important state interest; provides appropriation.

Committee Categories

Government Affairs

Sponsors (6)

Last Action

Died in Government Operations Subcommittee, companion bill(s) passed, see SB 7012 (Ch. 2016-213) (on 03/11/2016)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...