FL H0881 | 2016 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on March 11 2016 - 100% progression
Action: 2016-03-11 - Died in Government Operations Subcommittee
Text: Latest bill text (Introduced) [PDF]

Summary

Authorizes renewed membership in FRS for certain retirees; requires employer to make employer & employee contributions for certain purposes; requires that certain retirees be renewed members in investment plan; specifies that creditable service does not accrue for employment during specified period; prohibits certain funds from being paid into renewed member's investment plan account for specified period of employment; requires employer & retiree to make applicable contributions to renewed member's investment plan account; prohibits purchase of past service in investment plan; authorizes renewed member to receive additional credit towards health insurance subsidy; prohibits transfers to pension plan; provides for renewed membership in optional retirement program for certain retirees; prohibits purchase of past service in optional retirement program; revises definition of term "eligible employee"; provides for enrollment in investment plan for certain retirees; prohibits transfers to pension plan; provides for employer contribution rate increases to fund changes made by act; declares that act fulfills important state interest.

Tracking Information

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Title

Florida Retirement System

Sponsors


History

DateChamberAction
2016-03-11HouseDied in Government Operations Subcommittee
2016-01-12HouseIntroduced
2015-12-18HouseReferred to Government Operations Subcommittee; Appropriations Committee; State Affairs Committee
2015-12-02HouseFiled

Same As/Similar To

S7014 (Same As) 2016-03-11 - Died in Appropriations
H7107 (Similar To) 2016-03-11 - Died in Governmental Oversight and Accountability, companion bill(s) passed, see SB 7012 (Ch. 2016-213)

Code Citations

ChapterArticleSectionCitation TypeStatute Text
1210515Amended CodeSee Bill Text
121053Amended CodeSee Bill Text
121055Amended CodeSee Bill Text
121091Amended CodeSee Bill Text
121111Amended CodeSee Bill Text
121122Amended CodeSee Bill Text
1214501Amended CodeSee Bill Text

Florida State Sources


Bill Comments

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