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SB 992: Florida Retirement System Investment Plan


Florida Retirement System Investment Plan; Specifying applicability of employee and employer contribution rates for employees who default into the investment plan; authorizing investment plan members to make voluntary contributions to the plan, subject to certain limitations; revising required employee contribution rates for the investment plan; revising the percentage of gross compensation allocated to investment plan member accounts to conform to changes made by the act, etc.

Effective Date: 7/1/2020
Last Action: 3/14/2020 Senate - Died in Governmental Oversight and Accountability
Bill Text: Web Page | PDF
Senate Committee References:
  1. Governmental Oversight and Accountability (GO)
  2. Appropriations Subcommittee on Agriculture, Environment, and General Government (AEG)
  3. Appropriations (AP)

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  • Bill History

    Date Chamber Action
    11/19/2019 Senate • Filed
    12/13/2019 Senate • Referred to Governmental Oversight and Accountability; Appropriations Subcommittee on Agriculture, Environment, and General Government; Appropriations -SJ 74
    1/14/2020 Senate • Introduced -SJ 74
    3/14/2020 Senate • Indefinitely postponed and withdrawn from consideration
    • Died in Governmental Oversight and Accountability

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  • SB 992, Original Filed Version (Current Bill Version) Posted 11/19/2019 at 11:52 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Citations - Statutes (8)

    Citation Catchline Location in Bill Location In Bill Help
    121.051 Participation in the system. Page 18 (pdf)
    121.055 Senior Management Service Class. Page 24 (pdf)
    121.35 Optional retirement program for the State University System. Page 26 (pdf)
    121.4501 Florida Retirement System Investment Plan. Page 2 (pdf)
    121.571 Contributions. Page 3 (pdf)
    121.71 Uniform rates; process; calculations; levy. Page 4 (pdf)
    121.72 Allocations to investment plan member accounts; percentage amounts. Page 12 (pdf)
    1012.875 State Community College System Optional Retirement Program. Page 28 (pdf)

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