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The Florida Senate

HB 7173: Florida Retirement System

GENERAL BILL by State Affairs Committee ; Boyd

Florida Retirement System; Provides that certain member enrolled in FRS is vested in the pension plan after 10 years of creditable service; provides for compulsory membership in FRS Investment Plan for certain employees; prohibits members of Elected Officers' Class from joining Senior Management Service Class after specified date; prohibits an elected official eligible for membership in Elected Officers' Class from enrolling in Senior Management Service Class or in Senior Management Service Optional Annuity Program; closing Senior Management Optional Annuity Program to new members after specified date; increases service time required to qualify for disability benefits to 10 years for certain members; requires certain employees initially enrolled in FRS on or after specified date to be compulsory members of investment plan; provides certain members with specified time to choose participation in pension plan or investment plan.

Effective Date: 7/1/2014
Last Action: 5/2/2014 House - Died on Calendar, companion bill(s) passed, see HB 5005 (Ch. 2014-54)
Bill Text: PDF

Bill History

Date Chamber Action
4/4/2014 House • Filed
• Introduced -HJ 461
4/8/2014 House • Referred to Appropriations Committee
• On Committee agenda-- Appropriations Committee, 04/10/14, 1:00 pm, Webster Hall
4/10/2014 House • Favorable by- Appropriations Committee; YEAS 16 NAYS 10 -HJ 531
4/11/2014 House • Placed on Calendar -HJ 531
5/2/2014 House • Died on Calendar, companion bill(s) passed, see HB 5005 (Ch. 2014-54)