The Florida Senate

SB 992: Florida Retirement System Investment Plan

GENERAL BILL by Brandes

Florida Retirement System Investment Plan; Specifying applicability of employee and employer contribution rates for employees who default into the investment plan; authorizing investment plan members to make voluntary contributions to the plan, subject to certain limitations; revising required employee contribution rates for the investment plan; revising the percentage of gross compensation allocated to investment plan member accounts to conform to changes made by the act, etc.

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• Bill History

  Date	Chamber	Action
  11/19/2019	Senate	• Filed
  12/13/2019	Senate	• Referred to Governmental Oversight and Accountability; Appropriations Subcommittee on Agriculture, Environment, and General Government; Appropriations -SJ 74
  1/14/2020	Senate	• Introduced -SJ 74
  3/14/2020	Senate	• Indefinitely postponed and withdrawn from consideration • Died in Governmental Oversight and Accountability

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• SB 992, Original Filed Version (Current Bill Version) Posted 11/19/2019 at 11:52 AM

  Bill Text:	Web Page | PDF

  Analyses:	None

  Citations - Statutes (8)

  Citation	Catchline	Location in Bill Location In Bill Help
  121.051	Participation in the system.	Page 18 (pdf)
  121.055	Senior Management Service Class.	Page 24 (pdf)
  121.35	Optional retirement program for the State University System.	Page 26 (pdf)
  121.4501	Florida Retirement System Investment Plan.	Page 2 (pdf)
  121.571	Contributions.	Page 3 (pdf)
  121.71	Uniform rates; process; calculations; levy.	Page 4 (pdf)
  121.72	Allocations to investment plan member accounts; percentage amounts.	Page 12 (pdf)
  1012.875	State Community College System Optional Retirement Program.	Page 28 (pdf)

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