HB 87 (2016) -  Death Benefits Under the Florida Retirement System

by Hill (CO-SPONSORS) Beshears; Fant; Latvala; O'Toole; Pilon
Authorizes payment of death benefits to surviving spouse or children of Special Risk Class member killed in line of duty; specifies eligibility; authorizes payment of death benefits to surviving spouse or children of Special Risk Class member in investment plan; establishes qualifications & eligibility requirements; prescribes method of calculating benefit; specifies circumstances under which benefit payments are terminated; requires State Board of Administration or Division of Retirement to take certain action upon receipt of notification of disqualification from IRS; provides for allocations for death benefits authorized by act; requires State Board of Administration to transfer moneys to fund survivor benefit payments; adjusts employer contribution rates; declares that act fulfills an important state interest; provides appropriation.
Effective Date: July 1, 2016
Last Event: Died in Government Operations Subcommittee; companion bill(s) passed, see SB 7012 (Ch. 2016-213) on Friday, March 11, 2016 6:45 PM

Referred Committees and Committee Actions

Related Bills

Staff Analysis

(None Available)

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Died in Government Operations Subcommittee; companion bill(s) passed, see SB 7012 (Ch. 2016-213) Time: 03/11/2016 - 6:45 PM Member: Committee: Government Operations Subcommittee Version: __
Event: H 1st Reading Time: 01/12/2016 - 8:37 PM Member: Committee: Version: __
Event: H Now in Government Operations Subcommittee Time: 09/10/2015 - 9:59 AM Member: Committee: Government Operations Subcommittee Version: __
Event: H Referred to State Affairs Committee Time: 09/10/2015 - 9:59 AM Member: Committee: State Affairs Committee Version: __
Event: H Referred to Appropriations Committee Time: 09/10/2015 - 9:59 AM Member: Committee: Appropriations Committee Version: __
Event: H Referred to Government Operations Subcommittee Time: 09/10/2015 - 9:59 AM Member: Committee: Government Operations Subcommittee Version: __
Event: H Filed Time: 08/20/2015 - 3:52 PM Member: Hill Committee: Version: __