summary
Introduced
10/09/2015
10/09/2015
In Committee
10/21/2015
10/21/2015
Crossed Over
Passed
Dead
03/11/2016
03/11/2016
Introduced Session
Potential new amendment
2016 Regular Session
Bill Summary
Authorizing renewed membership in the retirement system for retirees who are reemployed in a position eligible for the Special Risk Class and Elected Officers' Class under certain circumstances; providing for renewed membership in the retirement system for retirees of the Senior Management Service Optional Annuity Program who are employed on or after a specified date; requiring an employer to make employer and employee contributions toward credit for military service for service credit earned on or after a specified date, etc.
AI Summary
This bill modifies the Florida Retirement System (FRS) to allow certain retirees to re-enroll and earn additional service credit, particularly for those re-employed in positions eligible for the Special Risk Class (which covers law enforcement officers and firefighters, among others) and the Elected Officers' Class. It also allows retirees of the Senior Management Service Optional Annuity Program (a retirement option for certain high-level public employees) to re-enroll if they return to covered employment after July 1, 2016. The bill clarifies that for service credit earned on or after July 1, 2016, employers will be responsible for making both employer and employee contributions for military service. Additionally, it adjusts employer contribution rates for various FRS classes to fund these benefit changes.
Committee Categories
Budget and Finance, Government Affairs, Health and Social Services
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Governmental Oversight and Accountability (Senate)
Last Action
Died in Appropriations (on 03/11/2016)
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 | http://www.flsenate.gov/Session/Bill/2016/7014 | 09/28/2015 |
| Senate Committee Amendment #622220 | http://www.flsenate.gov/Session/Bill/2016/7014/Amendment/622220/HTML | 11/17/2015 |
| BillText | http://www.flsenate.gov/Session/Bill/2016/7014/BillText/Filed/HTML | 10/10/2015 |
| Bill | http://www.flsenate.gov/Session/Bill/2016/7014/BillText/Filed/PDF | 10/10/2015 |
| BillText | http://www.flsenate.gov/Session/Bill/2016/7014/BillText/pb/HTML | 09/28/2015 |
| Bill | http://www.flsenate.gov/Session/Bill/2016/7014/BillText/pb/PDF | 09/28/2015 |
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