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
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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
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HB 973, Original Filed Version (Current Bill Version) Posted 12/20/2023 at 4:04 PM
Bill Text: PDF Analyses: None Related Bills (3)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 1022 Pension Plan Election Under the Florida Retirement System Rodriguez Identical Last Action: 3/8/2024 S Died in Governmental Oversight and Accountability 
H 1637 Special Risk Class of Florida Retirement System Mooney Compare Last Action: 3/8/2024 H Died in Constitutional Rights, Rule of Law & Government Operations Subcommittee
S 1416 Special Risk Class of the Florida Retirement System Rodriguez Compare Last Action: 3/8/2024 S Died in Governmental Oversight and Accountability
Citations - Statutes (2)
Citation Catchline Location in Bill Location In Bill Help 121.122 Renewed membership in system. Page 7 (pdf) 121.4501 Florida Retirement System Investment Plan. Page 1 (pdf)