HB 973: Pension Plan Election under Florida Retirement System
GENERAL BILL by Temple
Pension Plan Election under Florida Retirement System; Authorizes certain eligible employees participating in FRS to make second election to move back to pension plan; requires DOR in DMS to notify employees eligible to make such election within specified timeframe; provides requirements for such election; provides that cost of such election is deferred until member's retirement; authorizes such cost to be amortized over certain period of time; prohibits such cost from exceeding specified percentage of member's retirement benefits.
Effective Date: 7/1/2024
Last Action: 3/8/2024 House - Died in Constitutional Rights, Rule of Law & Government Operations Subcommittee
Bill Text: PDF
Last Action: 3/8/2024 House - Died in Constitutional Rights, Rule of Law & Government Operations Subcommittee
Bill Text: PDF
Bill History
Date | Chamber | Action |
---|---|---|
12/20/2023 | House |
• Filed |
1/5/2024 | House |
• Referred to Constitutional Rights, Rule of Law & Government Operations Subcommittee • Referred to Appropriations Committee • Referred to State Affairs Committee • Now in Constitutional Rights, Rule of Law & Government Operations Subcommittee |
1/9/2024 | House |
• 1st Reading (Original Filed Version) |
3/8/2024 | House |
• Died in Constitutional Rights, Rule of Law & Government Operations Subcommittee |