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FL H5705

FL H5705
State-administered Retirement Systems


summary

Introduced
04/25/2017
In Committee
04/26/2017
Crossed Over
Passed
Dead
05/08/2017

Introduced Session

2017 Regular Session

Bill Summary

Revises required employer retirement contribution rates for members of certain membership classes & subclasses of FRS; provides finding of important state interest.

AI Summary

This bill revises the required employer retirement contribution rates for members of certain membership classes and subclasses of the Florida Retirement System (FRS). Specifically, it adjusts the contribution rates for the Regular Class, Special Risk Class, Special Risk Administrative Support Class, Elected Officers' Class, and other membership classes. The bill also includes a finding of important state interest, stating that providing fair and adequate benefits to state and local government employees, officers, and retirees, and their dependents, is a proper and legitimate state purpose.

Sponsors (1)

Other Sponsors (1)

Appropriations Committee (House)

Last Action

Died on Calendar (on 05/05/2017)

bill text


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