HB 1249: Florida Retirement System
GENERAL BILL by Raulerson
Florida Retirement System; Authorizes renewed membership in retirement system for certain retirees; requires that certain retirees who are employed on or after specified date be renewed members in investment plan; specifies that creditable service does not accrue for reemployed retiree during specified period; prohibits certain funds from being paid into renewed member's investment plan account for specified period of employment; requires employer & retiree to make applicable contributions to renewed member's investment plan account; prohibits purchase of past service in investment plan; authorizes renewed member to receive additional credit towards health insurance subsidy; provides for renewed membership in optional retirement program for certain retirees initially reemployed on or after specified date; making renewed member ineligible to receive disability benefits; revises definition of term "eligible employee"; provides for employer contribution rate increases to fund changes made by act; provides directive to Division of Law Revision & Information; declaring that act fulfills an important state interest.
Last Action: 4/28/2015 House - Died in Government Operations Subcommittee
Bill Text: PDF
• Introduced -HJ 105
• Referred to Government Operations Subcommittee; Appropriations Committee; State Affairs Committee -HJ 193
• Died in Government Operations Subcommittee
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