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The Florida Senate

SB 660: Defined Contribution Retirement Program [WPSC]

GENERAL BILL by Fasano

Defined Contribution Retirement Program [WPSC]; Changes the name of the Public Employee Optional Retirement Program to the Public Employee Retirement Investment Program. Limits the option of enrolling in the State Retirement System's defined benefit program or defined contribution program to public employees employed before January 1, 2011. Deletes requirements for an educational program that compares retirement programs, etc.

Effective Date: 07/01/2010
Last Action: 4/30/2010 Senate - Died in Committee on Community Affairs, companion bill(s) passed, see CS/CS/HB 1307 (Ch. 2010-180)
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    11/10/2009 Senate • Filed
    12/17/2009 Senate • Referred to Community Affairs; Governmental Oversight and Accountability; General Government Appropriations; Policy & Steering Committee on Ways and Means
    3/2/2010 Senate • Introduced, referred to Community Affairs; Governmental Oversight and Accountability; General Government Appropriations; Policy & Steering Committee on Ways and Means -SJ 00050
    4/30/2010 Senate • Died in Committee on Community Affairs, companion bill(s) passed, see CS/CS/HB 1307 (Ch. 2010-180)

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  • SB 660, Original Filed Version (Current Bill Version) Posted 11/15/2009 at 1:20 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (3)

    Bill Number Subject Filed By Relationship Last Action and Location
    H 413 Defined Contribution Retirement Program Wood, Precourt Similar Last Action: 4/30/2010 H Died in Committee on Governmental Affairs Policy (EDCA), companion bill(s) passed, see CS/CS/HB 1307 (Ch. 2010-180)
    Location:
    H 1307 (e2) Schenck Compare Last Action: 6/1/2010 Approved by Governor; Chapter No. 2010-180
    Location:
    S 1078 (c3) State Financial Matters [WPSC] Ring Compare Last Action: 4/23/2010 S Placed on Special Order Calendar; Read 2nd time -SJ 00787; Substituted CS/CS/HB 1307 -SJ 00787; Laid on Table, companion bill(s) passed, see CS/CS/HB 1307 (Ch. 2010-180) -SJ 00787
    Location:

    Citations - Statutes (22)

    Citation Catchline Location in Bill Location In Bill Help
    110.123 State group insurance program.
    112.0801 Group insurance; participation by retired employees.
    112.363 Retiree health insurance subsidy.
    112.65 Limitation of benefits.
    121.021 Definitions.
    121.051 Participation in the system.
    121.055 Senior Management Service Class.
    121.091 Benefits payable under the system.
    121.35 Optional retirement program for the State University System.
    121.4501 Public Employee Optional Retirement Program.
    121.4502 Public Employee Optional Retirement Program Trust Fund.
    121.4503 Florida Retirement System Contributions Clearing Trust Fund.
    121.571 Contributions.
    121.591 Benefits payable under the Public Employee Optional Retirement Program of the Florida Retirement System.
    121.5911 Disability retirement program; qualified status; rulemaking authority.
    121.70 Legislative purpose and intent.
    121.71 Uniform rates; process; calculations; levy.
    121.72 Allocations to optional retirement program participant accounts; percentage amounts.
    121.73 Allocations for optional retirement program participant disability coverage; percentage amounts.
    121.74 Administrative and educational expenses.
    121.77 Deductions from participant accounts.
    121.78 Payment and distribution of contributions.

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