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HB 5007: Florida Retirement System

GENERAL BILL by Government Accountability Committee ; Caldwell

Florida Retirement System; Provides for compulsory membership in the investment plan for certain employees in the Elected Officers' Class; prohibits certain members of the Elected Officers' Class from joining Senior Management Service Class; authorizes renewed membership in retirement system for certain retirees who are reemployed in position eligible for Elected Officers' Class; provides for renewed membership in retirement system for certain retirees of Senior Management Service Optional Annuity Program; requires that certain retirees reemployed on or after specified date to be renewed members in investment plan; revises criteria for eligibility of payment of death benefits to surviving children of a Special Risk Class member killed in line of duty under specified circumstances; prohibits participation in pension plan; provides that certain retirees eligible for State University System Optional Retirement Program or State Community College System Optional Retirement Program are renewed members of that program; authorizes payment of death benefits to surviving spouse or surviving children of member in investment plan; adjusts employer contribution rates.

Effective Date: 7/1/2017
Last Action: 4/13/2017 House - Laid on Table, refer to SB 7022 -HJ 647
Bill Text: PDF

Bill History

Date Chamber Action
3/30/2017 House • Filed
• Referred to Appropriations Committee -HJ 519
• Introduced -HJ 513
4/3/2017 House • On Committee agenda-- Appropriations Committee, 04/05/17, 9:00 am, Webster Hall
4/5/2017 House • Favorable by- Appropriations Committee; YEAS 18 NAYS 8 -HJ 591
• Placed on Calendar -HJ 591
4/6/2017 House • Placed on Special Order Calendar, 04/12/17
4/12/2017 House • Read 2nd time -HJ 620
• Amendment(s) failed (967965) -HJ 621
• Placed on 3rd reading
4/13/2017 House • Substituted SB 7022 -HJ 647
• Laid on Table, refer to SB 7022 -HJ 647