HB 1249 (2015) -  Florida Retirement System

General Bill by Raulerson
Florida Retirement System: Authorizes renewed membership in retirement system for certain retirees; requires that certain retirees who are employed on or after specified date be renewed members in investment plan; specifies that creditable service does not accrue for reemployed retiree 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; provides for renewed membership in optional retirement program for certain retirees initially reemployed on or after specified date; making renewed member ineligible to receive disability benefits; revises definition of term "eligible employee"; provides for employer contribution rate increases to fund changes made by act; provides directive to Division of Law Revision & Information; declaring that act fulfills an important state interest.
Effective Date: July 1, 2015
Last Event: Died in Government Operations Subcommittee on Tuesday, April 28, 2015 1:15 PM

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: SB 7042 Subject: Florida Retirement System Relationship: Similar

Bill Text

Staff Analysis

(None Available)

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Died in Government Operations Subcommittee Time: 04/28/2015 - 1:15 PM Member: Committee: Government Operations Subcommittee Version: __
Event: H Now in Government Operations Subcommittee Time: 03/08/2015 - 7:32 PM Member: Committee: Government Operations Subcommittee Version: __
Event: H Referred to State Affairs Committee Time: 03/08/2015 - 7:32 PM Member: Committee: State Affairs Committee Version: __
Event: H Referred to Appropriations Committee Time: 03/08/2015 - 7:32 PM Member: Committee: Appropriations Committee Version: __
Event: H Referred to Government Operations Subcommittee Time: 03/08/2015 - 7:32 PM Member: Committee: Government Operations Subcommittee Version: __
Event: H 1st Reading Time: 03/03/2015 - 10:37 PM Member: Committee: Version: __
Event: H Filed Time: 03/02/2015 - 4:03 PM Member: Raulerson Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
121.053 SB 7042
121.055 CS/HB 565, CS/SB 1054, HB 5005, SB 7038, SB 7042
121.122 SB 7042
121.4501 SB 7042