SPB 7046: Florida Retirement System
PROPOSED BILL by Community Affairs
Florida Retirement System; Requiring the Trustees of the State Board of Administration to establish the Florida Retirement System Cash Balance Plan; requiring employees and employers to make contributions for funding the plan; providing that the plan provide a lump-sum or annuity benefit; providing procedures for employees who are members of the pension plan or investment plan before a certain date to transfer to the cash balance plan; providing procedures for employees employed after a certain date to be enrolled in the investment plan or cash balance plan, etc.
Effective Date: 7/1/2015
Last Action: 2/19/2014 Senate - Submit as committee bill by Community Affairs (SB 1114)
Bill Text: Web Page | PDF
Last Action: 2/19/2014 Senate - Submit as committee bill by Community Affairs (SB 1114)
Bill Text: Web Page | PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 2/10/2014 | Senate |
• Submitted for consideration by Community Affairs • On Committee agenda-- Community Affairs, 02/18/14, 2:00 pm, 301 Senate Office Building -- Submitted as Committee Bill; YEAS 5 NAYS 4 |
| 2/19/2014 | Senate |
• Submit as committee bill by Community Affairs (SB 1114) |