Bill Summary

HB 973 Pension Plan Election under Florida Retirement System (2024 Session)
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Sponsors
by Temple
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Summary
Pension Plan Election under Florida Retirement System: Authorizes certain eligible employees participating in FRS to make second election to move back to pension plan; requires DOR in DMS to notify employees eligible to make such election within specified timeframe; provides requirements for such election; provides that cost of such election is deferred until member's retirement; authorizes such cost to be amortized over certain period of time; prohibits such cost from exceeding specified percentage of member's retirement benefits. Effective Date: July 1, 2024
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committees of reference
» H Constitutional Rights, Rule of Law & Government Operations Subcommittee
   H Appropriations Committee
   H State Affairs Committee
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Actions
12/20/23
HOUSE 
Filed
01/05/24
HOUSE 
Referred to Constitutional Rights, Rule of Law & Government Operations Subcommittee; Appropriations Committee; State Affairs Committee
01/05/24
HOUSE 
Now in Constitutional Rights, Rule of Law & Government Operations Subcommittee
03/08/24
HOUSE 
Died in Constitutional Rights, Rule of Law & Government Operations Subcommittee
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bill text & filed amendments
0973
Filed on 12/20/23
PDF
No amendments to this bill text filed.
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Statute Citations
121.122
121.4501
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