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HB 87: Death Benefits Under the Florida Retirement System

GENERAL BILL by Hill ; (CO-INTRODUCERS) Beshears ; Fant ; Latvala ; O'Toole ; Pilon

Death Benefits Under the Florida Retirement System; Authorizes payment of death benefits to surviving spouse or children of Special Risk Class member killed in line of duty; specifies eligibility; authorizes payment of death benefits to surviving spouse or children of Special Risk Class member in investment plan; establishes qualifications & eligibility requirements; prescribes method of calculating benefit; specifies circumstances under which benefit payments are terminated; requires State Board of Administration or Division of Retirement to take certain action upon receipt of notification of disqualification from IRS; provides for allocations for death benefits authorized by act; requires State Board of Administration to transfer moneys to fund survivor benefit payments; adjusts employer contribution rates; declares that act fulfills an important state interest; provides appropriation. APPROPRIATION: $6,508,528

Effective Date: 7/1/2016
Last Action: 3/11/2016 House - Died in Government Operations Subcommittee, companion bill(s) passed, see SB 7012 (Ch. 2016-213)
Bill Text: PDF

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  • Bill History

    Date Chamber Action
    8/20/2015 House • Filed
    9/10/2015 House • Referred to Government Operations Subcommittee; Appropriations Committee; State Affairs Committee -HJ 14
    1/12/2016 House • Introduced -HJ 14
    3/11/2016 House • Died in Government Operations Subcommittee, companion bill(s) passed, see SB 7012 (Ch. 2016-213)

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  • HB 87, Original Filed Version (Current Bill Version) Posted 8/20/2015 at 3:52 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (3)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 917 Death Benefits Under Florida Retirement System Plasencia Similar Last Action: 3/11/2016 H Died in Government Operations Subcommittee, companion bill(s) passed, see SB 7012 (Ch. 2016-213)
    Location: In committee/council (GVOPS)
    S 7012 (er) Death Benefits under the Florida Retirement System Governmental Oversight and Accountability Similar Last Action: 4/8/2016 Chapter No. 2016-213
    Location: Became Law
    H 7107 (e1) Public Employees State Affairs Committee Compare Last Action: 3/11/2016 S Died in Governmental Oversight and Accountability, companion bill(s) passed, see SB 7012 (Ch. 2016-213)
    Location: In committee/council (GO)

    Citations - Statutes (8)

    Citation Catchline Location in Bill Location In Bill Help
    121.091 Benefits payable under the system. Page 2 (pdf)
    121.571 Contributions. Page 5 (pdf)
    121.591 Payment of benefits. Page 6 (pdf)
    121.5912 Page 14 (pdf)
    121.71 Uniform rates; process; calculations; levy. Page 16 (pdf)
    121.735 Page 14 (pdf)
    121.74 Administrative and educational expenses. Page 16 (pdf)
    121.75 Allocation for pension plan. Page 17 (pdf)

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