SPB 7022: Employer Contributions to Fund Retiree Benefits
PROPOSED BILL by Governmental Oversight and Accountability
Employer Contributions to Fund Retiree Benefits; 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; 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: 3/18/2025 Senate - Submitted as Committee Bill and Reported Favorably by Governmental Oversight and Accountability; YEAS 8 NAYS 0
Bill Text: Web Page | PDF
Last Action: 3/18/2025 Senate - Submitted as Committee Bill and Reported Favorably by Governmental Oversight and Accountability; YEAS 8 NAYS 0
Bill Text: Web Page | PDF
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 |