Bill Summary

HB 7173 Florida Retirement System (2014 Session)
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Sponsors
by State Affairs Committee, Boyd  CS Sponsors: State Affairs Committee
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Summary
Florida Retirement System: Provides that certain member enrolled in FRS is vested in the pension plan after 10 years of creditable service; provides for compulsory membership in FRS Investment Plan for certain employees; prohibits members of Elected Officers' Class from joining Senior Management Service Class after specified date; prohibits an elected official eligible for membership in Elected Officers' Class from enrolling in Senior Management Service Class or in Senior Management Service Optional Annuity Program; closing Senior Management Optional Annuity Program to new members after specified date; increases service time required to qualify for disability benefits to 10 years for certain members; requires certain employees initially enrolled in FRS on or after specified date to be compulsory members of investment plan; provides certain members with specified time to choose participation in pension plan or investment plan. Effective Date: July 1, 2014
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committees of reference
   H Appropriations Committee
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Actions
04/04/14
HOUSE 
Filed (Formerly PCB SAC2)
04/08/14
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Referred to Appropriations Committee
04/08/14
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Now in Appropriations Committee
04/08/14
HOUSE 
On Committee agenda - Appropriations Committee, 04/10/14, 1:00 pm, 212 K
04/10/14
HOUSE 
Favorable by Appropriations Committee; 16 Yeas, 10 Nays
04/11/14
HOUSE 
Placed on Calendar, on 2nd reading
05/02/14
HOUSE 
Died on Second Reading Calendar
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bill text & filed amendments
7173
Filed on 04/04/14
PDF
No amendments to this bill text filed.
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Statute Citations
121.021
121.051
121.052
121.055
121.091
121.4501
121.591
238.072
413.051
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