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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

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  • 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)

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  • HB 7173, Original Filed Version (Current Bill Version) Posted 4/4/2014 at 5:24 PM

    Bill Text:   PDF
    Analyses:   Appropriations Committee (Post-Meeting) 4/11/2014 (pdf)

    Related Bills (4)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 5005 (er) State-Administered Retirement Systems Appropriations Committee Compare Last Action: 6/2/2014 Chapter No. 2014-54, companion bill(s) passed, see HB 5001 (Ch. 2014-51)
    Location: Became Law
    H 7181 (e2) Public Retirement Plans State Affairs Committee Compare Last Action: 5/2/2014 S Died on Calendar, companion bill(s) passed, see HB 5005 (Ch. 2014-54)
    Location: On 2nd Reading Calendar
    S 184 Florida Retirement System Brandes Compare Last Action: 3/20/2014 S Withdrawn from further consideration, companion bill(s) passed, see HB 5005 (Ch. 2014-54) -SJ 303
    Location: Withdrawn from consideration
    S 1114 (e1) Retirement Community Affairs Compare Last Action: 5/2/2014 S Died on Calendar, companion bill(s) passed, see HB 5005 (Ch. 2014-54)
    Location: On Special Order Calendar

    Citations - Statutes (9)

    Citation Catchline Location in Bill Location In Bill Help
    121.021 Definitions. Page 3 (pdf)
    121.051 Participation in the system. Page 4 (pdf)
    121.052 Membership class of elected officers. Page 5 (pdf)
    121.055 Senior Management Service Class. Page 6 (pdf)
    121.091 Benefits payable under the system. Page 11 (pdf)
    121.4501 Florida Retirement System Investment Plan. Page 13 (pdf)
    121.591 Payment of benefits. Page 42 (pdf)
    238.072 Special service provisions for extension personnel. Page 46 (pdf)
    413.051 Eligible blind persons; operation of vending stands. Page 47 (pdf)

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