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2024 Legislation


The following retirement bills were filed for consideration in the 2024 regular session of the Florida Legislature.
 
Subject
Contribution Rates – SB 7024
Cost-of-Living Adjustment – HB 151, SB 242
DROP – HB 1097, SB 1482
Reemployment – SB 400, HB 853, HB 971
Elections – SB 1022, HB 973, SB 1416, HB 1637
Senior Management Service Class – HB 589
Special Risk Class – SB 560, HB 1089, SB 1508, HB 1413

House Bills
 
HB 151 Revises how the COLA of certain retirees and beneficiaries is calculated.
Approved by Governor; Chapter No. 2024-92.
 
HB 589 Provides compulsory participation in the Senior Management Service Class for assistant regional counsel supervisors.
 
HB 853 Authorizing retired law enforcement officers to be reemployed in specified positions after meeting specified termination requirements.
 
HB 971 Authorizing certain retired school district personnel to be reemployed in specified positions before the definition of termination.
 
HB 973 Authorizing certain eligible employees participating in the Florida Retirement System to make a second election to move back to the Pension Plan.
 
HB 1089 Redefines the criteria for membership in the FRS Special Risk Class.
 
HB 1097 Removes the time limitation for DROP eligibility for certain personnel.
 
HB 1413 Revises the criteria in the Special Risk Class of the Florida Retirement System to include members employed as 911 public safety telecommunicators.
 
HB 1637 Authorizing employees enrolled in the Special Risk Class to make an election to move from the Investment Plan to the Pension Plan within a certain timeframe.
 
Senate Bills
 
SB 242 Revises how the COLA of certain retirees and beneficiaries is calculated.
 
SB 400 Authorizing retired law enforcement officers to be reemployed in specified positions after meeting specified termination requirements.
 
SB 560 Revises the criteria for designation as a member of the Special Risk Class.
 
SB 1022 Authorizing certain eligible employees participating in the Florida Retirement System to make a second election to move back to the Pension Plan.
 
SB 1416 Authorizing employees enrolled in the Special Risk Class to make an election to move from the Investment Plan to the Pension Plan within a certain timeframe.
 
SB 1482 Removes the time limitation for DROP eligibility for certain personnel.
 
SB 1508 Revises the criteria in the Special Risk Class of the Florida Retirement System to include members employed as 911 public safety telecommunicators.
 
SB 7024 Revises the required employer retirement contribution rates for each membership class and subclass of the Florida Retirement System.