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The Florida Senate

SB 632: Publicly Funded Defined Benefit Retirement Plans

GENERAL BILL by Brandes

Publicly Funded Defined Benefit Retirement Plans; Revising requirements for actuarial reports submitted by a retirement plan or system subject to part VII of ch. 112, F.S., to conform; prohibiting the actuarial assumed rate of return of a plan or system from exceeding the long-range return rate, as of a specified date; prescribing reporting requirements for a plan or system with an actuarial assumed rate of return in excess of the long-range return rate, etc.

Effective Date: 7/1/2017
Last Action: 5/5/2017 Senate - Died in Governmental Oversight and Accountability
Bill Text: Web Page | PDF
Senate Committee References:
  1. Governmental Oversight and Accountability (GO)
  2. Appropriations Subcommittee on General Government (AGG)
  3. Appropriations (AP)
  4. Rules (RC)

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  • Bill History

    Date Chamber Action
    2/1/2017 Senate • Filed
    2/16/2017 Senate • Referred to Governmental Oversight and Accountability; Appropriations Subcommittee on General Government; Appropriations; Rules -SJ 83
    3/7/2017 Senate • Introduced -SJ 83
    5/5/2017 Senate • Indefinitely postponed and withdrawn from consideration
    • Died in Governmental Oversight and Accountability

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  • SB 632, Original Filed Version (Current Bill Version) Posted 2/1/2017 at 11:59 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 603 (c1) Publicly Funded Defined Benefit Retirement Plans Fischer Similar Last Action: 5/5/2017 H Died in Government Accountability Committee

    Citations - Statutes (5)

    Citation Catchline Location in Bill Location In Bill Help
    112.625 Definitions. Page 1 (pdf)
    112.63 Actuarial reports and statements of actuarial impact; review. Page 3 (pdf)
    112.64 Administration of funds; amortization of unfunded liability. Page 4 (pdf)
    175.261 Annual report to Division of Retirement; actuarial valuations. Page 5 (pdf)
    185.221 Annual report to Division of Retirement; actuarial valuations. Page 6 (pdf)

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