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The Florida Senate

HB 1249: Florida Retirement System

GENERAL BILL by Raulerson

Florida Retirement System; Authorizes renewed membership in retirement system for certain retirees; requires that certain retirees who are employed on or after specified date be renewed members in investment plan; specifies that creditable service does not accrue for reemployed retiree during specified period; prohibits certain funds from being paid into renewed member's investment plan account for specified period of employment; requires employer & retiree to make applicable contributions to renewed member's investment plan account; prohibits purchase of past service in investment plan; authorizes renewed member to receive additional credit towards health insurance subsidy; provides for renewed membership in optional retirement program for certain retirees initially reemployed on or after specified date; making renewed member ineligible to receive disability benefits; revises definition of term "eligible employee"; provides for employer contribution rate increases to fund changes made by act; provides directive to Division of Law Revision & Information; declaring that act fulfills an important state interest.

Effective Date: 7/1/2015
Last Action: 4/28/2015 House - Died in Government Operations Subcommittee
Bill Text: PDF

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  • Bill History

    Date Chamber Action
    3/2/2015 House • Filed
    3/3/2015 House • Introduced -HJ 105
    3/8/2015 House • Referred to Government Operations Subcommittee; Appropriations Committee; State Affairs Committee -HJ 193
    4/28/2015 House • Died in Government Operations Subcommittee

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  • HB 1249, Original Filed Version (Current Bill Version) Posted 3/2/2015 at 4:03 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 7042 Florida Retirement System Governmental Oversight and Accountability Similar Last Action: 5/1/2015 S Died in Community Affairs
    Location: In committee/council (CA)

    Citations - Statutes (4)

    Citation Catchline Location in Bill Location In Bill Help
    121.053 Participation in the Elected Officers’ Class for retired members. Page 3 (pdf)
    121.055 Senior Management Service Class. Page 3 (pdf)
    121.122 Renewed membership in system. Page 8 (pdf)
    121.4501 Florida Retirement System Investment Plan. Page 13 (pdf)

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