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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: 3/13/2025 Senate - On Committee agenda-- Governmental Oversight and Accountability, 03/18/25, 3:30 pm, 110 Senate Building
Bill Text: Web Page | PDF

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  • 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

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  • SPB 7022, Proposed Bill (Current Bill Version) Posted 3/13/2025 at 2:29 PM

    Bill Text:   Web Page | PDF
    Analyses:   Governmental Oversight and Accountability (Pre-Meeting) 3/17/2025 (pdf)

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    861978 - Title Amendment
    In title, delete lines 2 - 3 and insert:
    Governmental Oversight and Accountability
    (Fine)
    3/17/2025
    3:19 PM
    Web Page
    PDF

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