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The Florida Senate

SB 7022: Retirement

GENERAL BILL by Governmental Oversight and Accountability

Retirement; Authorizing an officer, except while serving as a legislator, to remain in elective office and receive accumulated DROP proceeds after the officer attains a certain age; providing that, upon termination, the officer receives accumulated DROP proceeds including interest earned in accordance with a specified provision; requiring the Division of Retirement or the State Board of Administration, as appropriate, to take steps to recoup from the elected officer any DROP proceeds distributed in accordance with a specified provision, under specified circumstances; revising required employer retirement contribution rates for each membership class and subclass of the Florida Retirement System, etc.

Effective Date: 7/1/2025
Last Action: 3/19/2025 Senate - Referred to Appropriations
Bill Text: Web Page | PDF
Senate Committee References:
  1. Appropriations (AP)



Bill History

Date Chamber Action
3/13/2025 Senate • Submitted for consideration by Governmental Oversight and Accountability
• On Committee agenda-- Governmental Oversight and Accountability, 03/18/25, 3:30 pm, 110 Senate Building
3/18/2025 Senate • Submitted as Committee Bill and Reported Favorably by Governmental Oversight and Accountability; YEAS 8 NAYS 0
3/19/2025 Senate • Filed
• Referred to Appropriations