HB 1543 (2010) -  Public Retirement Plans

by Zapata
Provides requirements for retirement system or plan actuarial reports; limits benefits payable to certain members of retirement system; requires board of trustees of retirement system or plan to provide account report of its expenses; revises definition of terms "member," "special risk member," "normal retirement date," & "phased retirement program" for purposes of FRS to reduce system to two classes; revises calculations used for upgrading special risk member's contributions for past service; repeals Elected Officers' Class & Senior Management Service Class; limits factoring of overtime into pension benefit; reduces service credit for special risk members; revises provisions to conform to repeal of specified classes within system; revises applicability of ch. 175, F.S., to firefighters who are eligible for FRS; revises applicability of ch. 185, F.S., to police officers who are eligible for FRS; provides membership requirements for special fire control district & municipality board of trustees; revises requirements for increasing firefighter & police officer member contributions; revises provisions relating to firefighter & police officer benefits; provides that any elected official convicted of crime, or who is forced to resign office as result of plea bargain, shall forfeit any pension benefit administered by state or any political subdivision thereof; provides declaration of important state interest.
Effective Date: July 1, 2010
Last Event: Withdrawn from further consideration on Wednesday, March 24, 2010 11:14 AM

Related Bills

Staff Analysis

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Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Withdrawn from further consideration Time: 03/24/2010 - 11:14 AM Member: Committee: Version: __
Event: H Now in Governmental Affairs Policy Committee Time: 03/10/2010 - 4:16 PM Member: Committee: Governmental Affairs Policy Committee Version: __
Event: H Referred to Economic Development & Community Affairs Policy Council Time: 03/10/2010 - 4:16 PM Member: Committee: Economic Development & Community Affairs Policy Council Version: __
Event: H Referred to Government Operations Appropriations Committee Time: 03/10/2010 - 4:16 PM Member: Committee: Government Operations Appropriations Committee Version: __
Event: H Referred to Governmental Affairs Policy Committee Time: 03/10/2010 - 4:16 PM Member: Committee: Governmental Affairs Policy Committee Version: __
Event: H 1st Reading Time: 03/02/2010 - 10:50 PM Member: Committee: Version: __
Event: H Filed Time: 03/01/2010 - 4:57 PM Member: Zapata Committee: Version: __