Florida 2020 Regular Session Status: In Committee 1 R cosponsors

SB 858 — Cost-of-living Adjustment for Special Risk Class Retirees

Last action — Died in Appropriations Subcommittee on Agriculture, Environment, and General Government

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  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2020 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Cost-of-living Adjustment for Special Risk Class Retirees; Revising the manner of calculating the cost-of-living factor for Special Risk Class retirees, and their beneficiaries, who meet certain criteria; revising required employer contribution rates for the Special Risk Class and the Deferred Retirement Option Program in the Florida Retirement System to fund benefit changes made by the act, etc.

Bill Text

What changed in the latest version

64 added · 42 removed

64 line(s) added, 42 removed.

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Florida Senate - 2020 SB 858 By Senator Gruters 23-00932-20 2020858__ A bill to be entitled An act relating to cost-of-living adjustment for Special Risk Class retirees;
Florida Senate - 2020 CS for SB 858 By the Committee on Governmental Oversight and Accountability;
and Senators Gruters and Hooper 585-03397-20 2020858c1 A bill to be entitled An act relating to cost-of-living adjustment for Special Risk Class retirees;
revising required employer contribution rates for the Special Risk Class and the Deferred Retirement Option Program in the Florida Retirement System to fund benefit changes made by the act;
directing the Division of Law Revision to adjust the employer contribution rates with any other rate changes;
10 Be It Enacted by the Legislature of the State of Florida:
16 Be It Enacted by the Legislature of the State of Florida:
12 Section 1. Paragraph (c) of subsection (4) of section 121.101, Florida Statutes, is amended to read:
18 Section 1. Paragraph (c) of subsection (4) of section 121.101, Florida Statutes, is amended to read:
Section 2. The Legislature finds that a proper and legitimate state purpose is served when employees and retirees of the state and its political subdivisions, and the dependents, survivors, and beneficiaries of such employees and retirees, are extended the basic protections afforded by governmental retirement systems.
Section 2. (1) In order to fund the benefit changes provided in this act, the required employer contribution rates for members of the Florida Retirement System are increased as follows:
(a) By 0.39 percentage points for the rate established in s.
121.71(4), Florida Statutes, for the Special Risk Class.
(b) By 0.63 percentage points for the rate established in s.
121.71(5), Florida Statutes, for the Special Risk Class.
(c) By 0.08 percentage points for the rate established in s.
121.71(4), Florida Statutes, for DROP.
(2) The adjustments provided in subsection (1) are in addition to any other changes to such contribution rates which may be enacted into law to take effect on July 1, 2020.
The Division of Law Revision is directed to adjust accordingly the contribution rates provided in s.
121.71, Florida Statutes.
Section 3. The Legislature finds that a proper and legitimate state purpose is served when employees and retirees of the state and its political subdivisions, and the dependents, survivors, and beneficiaries of such employees and retirees, are extended the basic protections afforded by governmental retirement systems.
Section 3. This act shall take effect July 1, 2020.
Section 4. This act shall take effect July 1, 2020.
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Action History

  1. Died in Appropriations Subcommittee on Agriculture, Environment, and General Government

  2. Indefinitely postponed and withdrawn from consideration

  3. CS by Governmental Oversight and Accountability read 1st time

  4. Now in Appropriations Subcommittee on Agriculture, Environment, and General Government

  5. Pending reference review under Rule 4.7(2) - (Committee Substitute)

  6. CS by Governmental Oversight and Accountability; YEAS 4 NAYS 0

  7. On Committee agenda-- Governmental Oversight and Accountability, 02/10/20, 1:30 pm, 301 Senate Building

  8. Introduced

  9. Referred to Governmental Oversight and Accountability; Appropriations Subcommittee on Agriculture, Environment, and General Government; Appropriations

  10. Filed

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 163 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (163)

163 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

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Frequently asked questions

What does SB 858 do?
Cost-of-living Adjustment for Special Risk Class Retirees; Revising the manner of calculating the cost-of-living factor for Special Risk Class retirees, and their beneficiaries, who meet certain criteria; revising required employer contribution rates for the Special Risk Class and the Deferred Retirement Option Program in the Florida Retirement System to fund benefit changes made by the act, etc.
Who sponsors SB 858?
SB 858 is sponsored by Gruters, Joe (Republican).
What is the current status of SB 858?
This bill died with 2020 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track SB 858?
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