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FL S1240

FL S1240
Retirement


summary

Introduced
12/11/2017
In Committee
01/11/2018
Crossed Over
Passed
Dead
03/10/2018

Introduced Session

2018 Regular Session

Bill Summary

Authorizing certain employees to elect to participate in the Florida Retirement System during a specified period; revising limitations on the maximum length of participation in the Deferred Retirement Option Program for certain instructional personnel and administrative personnel, etc.

AI Summary

This bill authorizes certain employees, such as those from dependent special districts or not-for-profit corporations managing public bus transit systems, to elect to participate in the Florida Retirement System (FRS) during a specified period. It also revises the maximum length of participation in the Deferred Retirement Option Program (DROP) for certain instructional and administrative personnel in grades K-12, allowing them to extend their DROP participation until the end of the school year. The bill also includes a legislative finding that providing these protections and benefits to public employees and retirees serves an important state interest.

Committee Categories

Education, Government Affairs

Sponsors (1)

Other Sponsors (1)

Governmental Oversight and Accountability (S)

Last Action

Died in Education (on 03/10/2018)

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