Florida 2026 Session Status: Introduced 1 D cosponsors

SB 7028 — CS/SB 7028: Retirement

Last action — Laid on Table -SJ 412

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

This bill has been introduced in the Senate. Introduced January 15, 2026. It must pass committee before a floor vote.

Next likely step: a committee referral and hearing.

Odds of enactment

Low chance

Based on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.

Upgrade to see the exact probability and what's driving it.

A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Stalled 28% · moderate confidence

  • Introduced

    Current position in the legislative process.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (1 D).

  • Cleared a recorded vote

    Passed 4 recorded votes so far.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

Summary

Retirement; Authorizing an elected officer, except while serving as a legislator, to remain in elective office and receive accumulated Deferred Retirement Option Program (DROP) proceeds after the officer attains a certain age; requiring the Division of Retirement or the State Board of Administration, as appropriate, to take steps to recoup from the elected officer any DROP proceeds distributed in accordance with a specified provision, under specified circumstances; revising the cost-of-living adjustment for eligible Special Risk Class retirees; revising required allocations from the Contributions Clearing Trust Fund to provide disability coverage to members of the investment plan of the Florida Retirement System, etc.

Bill Text

What changed in the latest version

289 added · 369 removed

289 line(s) added, 369 removed.

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Latest
Florida Senate - 2026 CS for SB 7028 By the Committees on Appropriations;
Florida Senate - 2026 (PROPOSED BILL) SPB 7028 FOR CONSIDERATION By the Committee on Governmental Oversight and Accountability 585-01731C-26 20267028pb A bill to be entitled An act relating to retirement;
and Governmental Oversight and Accountability;
and Senator Arrington 576-03005-26 20267028c1 A bill to be entitled An act relating to retirement;
amending s.
providing a declaration of important state interest;
121.73, F.S.;
revising required allocations from the Contributions Clearing Trust Fund to provide disability coverage to members of the investment plan of the Florida Retirement System;
amending s.
121.735, F.S.;
revising allocations from the Contributions Clearing Trust Fund to provide line-of-duty death benefits to members of the investment plan of the Florida Retirement System;
providing a declaration of Page 1 of 15 CODING:
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words underlined are additions.
Florida Senate - 2026 CS for SB 7028 576-03005-26 20267028c1 important state interest;
121.053 Participation in the Elected Officers’ Class for retired members.— (7) A member who is elected or appointed to an elective office and who is participating in the Deferred Retirement Option Program is not subject to termination as defined in s.
121.053 Participation in the Elected Officers’ Class for Page 1 of 12 CODING:
Words stricken are deletions;
words underlined are additions.
Florida Senate - 2026 (PROPOSED BILL) SPB 7028 585-01731C-26 20267028pb retired members.— (7) A member who is elected or appointed to an elective office and who is participating in the Deferred Retirement Option Program is not subject to termination as defined in s.
The officer, except while serving as a legislator, may Page 2 of 15 CODING:
The officer, except while serving as a legislator, may remain in elective office and receive his or her accumulated DROP proceeds, including interest earned in accordance with subparagraph 1., after attaining the age of 59 1/2 years.
(b) An elected officer may voluntarily terminate his or her elective office at any time and receive his or her DROP proceeds.
However, until termination occurs, an elected officer whose termination limitations are extended by this section is Page 2 of 12 CODING:
Florida Senate - 2026 CS for SB 7028 576-03005-26 20267028c1 remain in elective office and receive his or her accumulated DROP proceeds, including interest earned in accordance with subparagraph 1., after attaining the age of 59 1/2 years.
Florida Senate - 2026 (PROPOSED BILL) SPB 7028 585-01731C-26 20267028pb ineligible for renewed membership in the system and may not receive pension payments, DROP lump sum payments, or any other state payment other than the statutorily determined salary, travel, and per diem for the elective office.
(b) An elected officer may voluntarily terminate his or her elective office at any time and receive his or her DROP proceeds.
However, until termination occurs, an elected officer whose termination limitations are extended by this section is ineligible for renewed membership in the system and may not receive pension payments, DROP lump sum payments, or any other state payment other than the statutorily determined salary, travel, and per diem for the elective office.
The department shall adopt rules establishing procedures for application for retirement benefits and for the cancellation Page 3 of 15 CODING:
The department shall adopt rules establishing procedures for application for retirement benefits and for the cancellation of such application when the required information or documents are not received.
(5) TERMINATION BENEFITS.—A member whose employment is terminated prior to retirement retains membership rights to previously earned member-noncontributory service credit, and to member-contributory service credit, if the member leaves the member contributions on deposit in his or her retirement Page 3 of 12 CODING:
Florida Senate - 2026 CS for SB 7028 576-03005-26 20267028c1 of such application when the required information or documents are not received.
Florida Senate - 2026 (PROPOSED BILL) SPB 7028 585-01731C-26 20267028pb account.
(5) TERMINATION BENEFITS.—A member whose employment is terminated prior to retirement retains membership rights to previously earned member-noncontributory service credit, and to member-contributory service credit, if the member leaves the member contributions on deposit in his or her retirement account.
By obtaining a Page 4 of 15 CODING:
By obtaining a refund of contributions, a member waives all rights under the Florida Retirement System and the health insurance subsidy to the service credit represented by the refunded contributions, except the right to purchase his or her prior service credit in accordance with s.
121.081(2).
(b) A member whose employment is terminated for any reason other than death or retirement after becoming vested may elect Page 4 of 12 CODING:
Florida Senate - 2026 CS for SB 7028 576-03005-26 20267028c1 refund of contributions, a member waives all rights under the Florida Retirement System and the health insurance subsidy to the service credit represented by the refunded contributions, except the right to purchase his or her prior service credit in accordance with s.
Florida Senate - 2026 (PROPOSED BILL) SPB 7028 585-01731C-26 20267028pb to receive a deferred monthly benefit which shall begin to accrue on the first day of the month of normal or early retirement and shall be payable on the last day of that month and each month thereafter during his or her lifetime.
121.081(2).
(b) A member whose employment is terminated for any reason other than death or retirement after becoming vested may elect to receive a deferred monthly benefit which shall begin to accrue on the first day of the month of normal or early retirement and shall be payable on the last day of that month and each month thereafter during his or her lifetime.
A member may not receive a refund of Page 5 of 15 CODING:
A member may not receive a refund of employee contributions if a pending or an approved qualified domestic relations order is filed against his or her retirement account.
Words stricken are deletions;
words underlined are additions.
Florida Senate - 2026 CS for SB 7028 576-03005-26 20267028c1 employee contributions if a pending or an approved qualified domestic relations order is filed against his or her retirement account.
(d) If any retired member dies without having received in benefit payments an amount equal to his or her accumulated contributions, there shall be payable to his or her designated beneficiary an amount equal to the excess, if any, of the member’s accumulated contributions over the total monthly payments made to the member prior to the date of death.
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Florida Senate - 2026 (PROPOSED BILL) SPB 7028 585-01731C-26 20267028pb (d) If any retired member dies without having received in benefit payments an amount equal to his or her accumulated contributions, there shall be payable to his or her designated beneficiary an amount equal to the excess, if any, of the member’s accumulated contributions over the total monthly payments made to the member prior to the date of death.
838.15 and 838.16, shall forfeit all rights and benefits under this chapter, except the return of his or her accumulated contributions as of the date of Page 6 of 15 CODING:
838.15 and 838.16, shall forfeit all rights and benefits under this chapter, except the return of his or her accumulated contributions as of the date of termination.
(g) Any elected official who is convicted by the Senate of an impeachable offense shall forfeit all rights and benefits under this chapter, except the return of his or her accumulated contributions as of the date of the conviction.
(h) Any member who, prior to retirement, is adjudged by a court of competent jurisdiction to have violated any state law Page 6 of 12 CODING:
Florida Senate - 2026 CS for SB 7028 576-03005-26 20267028c1 termination.
Florida Senate - 2026 (PROPOSED BILL) SPB 7028 585-01731C-26 20267028pb against strikes by public employees, or who has been found guilty by such court of violating any state law prohibiting strikes by public employees, shall forfeit all rights and benefits under this chapter, except the return of his or her accumulated contributions as of the date of the conviction.
(g) Any elected official who is convicted by the Senate of an impeachable offense shall forfeit all rights and benefits under this chapter, except the return of his or her accumulated contributions as of the date of the conviction.
(h) Any member who, prior to retirement, is adjudged by a court of competent jurisdiction to have violated any state law against strikes by public employees, or who has been found guilty by such court of violating any state law prohibiting strikes by public employees, shall forfeit all rights and benefits under this chapter, except the return of his or her accumulated contributions as of the date of the conviction.
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(k) Benefits may not be paid by the division or the state board pending final resolution of such charges against a member or beneficiary if the resolution of such charges could require the forfeiture of benefits as provided in paragraph (f), paragraph (g), paragraph (h), paragraph (i), paragraph (j), or chapter 112.
(l) The division and the state board, as appropriate, must Page 7 of 12 CODING:
Florida Senate - 2026 CS for SB 7028 576-03005-26 20267028c1 (k) Benefits may not be paid by the division or the state board pending final resolution of such charges against a member or beneficiary if the resolution of such charges could require the forfeiture of benefits as provided in paragraph (f), paragraph (g), paragraph (h), paragraph (i), paragraph (j), or chapter 112.
Florida Senate - 2026 (PROPOSED BILL) SPB 7028 585-01731C-26 20267028pb take steps to recoup from the elected officer any DROP proceeds distributed pursuant to s.
(l) The division and the state board, as appropriate, must take steps to recoup from the elected officer any DROP proceeds distributed pursuant to s.
121.101 Cost-of-living adjustment of benefits.— (5)(a) Commencing July 1, 2026, and in lieu of any annual adjustment authorized in paragraph (4)(b) occurring after the fifth anniversary of retirement of an eligible Special Risk Class member whose effective retirement date is on or after July 1, 2011, the adjusted monthly benefit of each eligible Special Risk Class retiree and annuitant shall be the amount of the monthly benefit being received on June 30 immediately preceding the adjustment date plus the greater of the amount determined by multiplying the benefit by the factor calculated pursuant to Page 8 of 15 CODING:
121.101 Cost-of-living adjustment of benefits.— (5)(a) Commencing July 1, 2026, and in lieu of any annual adjustment authorized in paragraph (4)(b) occurring after the fifth anniversary of retirement of an eligible Special Risk Class member whose effective retirement date is on or after July 1, 2011, the adjusted monthly benefit of each eligible Special Risk Class retiree and annuitant shall be the amount of the monthly benefit being received on June 30 immediately preceding the adjustment date plus the greater of the amount determined by multiplying the benefit by the factor calculated pursuant to paragraph (4)(c) or the amount equal to 1.5 percent of this benefit.
Words stricken are deletions;
words underlined are additions.
Florida Senate - 2026 CS for SB 7028 576-03005-26 20267028c1 paragraph (4)(c) or the amount equal to 1.5 percent of this benefit.
or 2.
or Page 8 of 12 CODING:
Words stricken are deletions;
words underlined are additions.
Florida Senate - 2026 (PROPOSED BILL) SPB 7028 585-01731C-26 20267028pb 2.
Percentage of Gross Compensation, Effective Membership Class July 1, 2026 2025 Regular Class 7.11% 7.10% Special Risk Class 21.58% 20.10% Page 9 of 15 CODING:
Percentage of Gross Compensation, Effective Membership Class July 1, 2026 2025 Regular Class 7.11% 7.10% Special Risk Class 21.58% 20.10% Special Risk Administrative Support Class 11.45% 10.88% Elected Officers’ Class— Legislators, Governor, Lt.
Governor, 10.30% 10.04% Page 9 of 12 CODING:
Florida Senate - 2026 CS for SB 7028 576-03005-26 20267028c1 Special Risk Administrative Support Class 11.45% 10.88% Elected Officers’ Class— Legislators, Governor, Lt.
Florida Senate - 2026 (PROPOSED BILL) SPB 7028 585-01731C-26 20267028pb Cabinet Officers, State Attorneys, Public Defenders Elected Officers’ Class— Justices, Judges 15.54% 15.62% Elected Officers’ Class— County Elected Officers 11.45% 11.79% Senior Management Service Class 8.68% 8.73% DROP 9.86% 9.37% (5) In order to address unfunded actuarial liabilities of the system, the required employer retirement contribution rates for each membership class and subclass of the Florida Retirement System for both retirement plans are as follows:
Governor, Cabinet Officers, State Attorneys, Public Defenders 10.30% 10.04% Elected Officers’ Class— Justices, Judges 15.54% 15.62% Elected Officers’ Class— County Elected Officers 11.45% 11.79% Senior Management Service Class 8.68% 8.73% DROP 9.86% 9.37% (5) In order to address unfunded actuarial liabilities of the system, the required employer retirement contribution rates for each membership class and subclass of the Florida Retirement System for both retirement plans are as follows:
Percentage of Gross Compensation, Effective Membership Class July 1, 2026 2025 Regular Class 4.42% 4.87% Page 10 of 12 CODING:
Percentage of Membership Class Gross Page 10 of 15 CODING:
Florida Senate - 2026 CS for SB 7028 576-03005-26 20267028c1 Compensation, Effective July 1, 2026 2025 Regular Class 4.42% 4.87% Special Risk Class 14.10% 13.03% Special Risk Administrative Support Class 28.28% 26.54% Elected Officers’ Class— Legislators, Governor, Lt.
Florida Senate - 2026 (PROPOSED BILL) SPB 7028 585-01731C-26 20267028pb Special Risk Class 14.10% 13.03% Special Risk Administrative Support Class 28.28% 26.54% Elected Officers’ Class— Legislators, Governor, Lt.
Governor, Cabinet Officers, State Attorneys, Public Defenders 51.43% 50.56% Elected Officers’ Class— Justices, Judges 28.40% 28.46% Elected Officers’ Class— County Elected Officers 41.49% 40.72% Senior Management Service Class 21.86% 22.45% Page 11 of 15 CODING:
Governor, Cabinet Officers, State Attorneys, Public Defenders 51.43% 50.56% Elected Officers’ Class— Justices, Judges 28.40% 28.46% Elected Officers’ Class— County Elected Officers 41.49% 40.72% Senior Management Service Class 21.86% 22.45% DROP 10.26% 10.65% Section 5.
The Legislature finds that a proper and legitimate state purpose is served when employees, officers, and retirees of the state and its political subdivisions, and the dependents, survivors, and beneficiaries of such employees, Page 11 of 12 CODING:
Florida Senate - 2026 CS for SB 7028 576-03005-26 20267028c1 DROP 10.26% 10.65% Section 5.
Florida Senate - 2026 (PROPOSED BILL) SPB 7028 585-01731C-26 20267028pb officers, and retirees, are extended the basic protections afforded by governmental retirement systems.
Subsection (3) of section 121.73, Florida Statutes, is amended to read:
121.73 Allocations for member disability coverage;
percentage amounts.— (3) Effective July 1, 2026 2002, allocations from the Florida Retirement System Contributions Clearing Trust Fund to provide disability coverage for members in the investment plan, and to offset the costs of administering said coverage, are as follows:
Membership Class Percentage of Gross Compensation Regular Class 0.25% Special Risk Class 1.91% 1.85% Special Risk Administrative Support Class 0.46% 0.45% Elected Officers’ Class— Legislators, Governor, Lt.
Governor, Cabinet Officers, 0.41% Page 12 of 15 CODING:
Words stricken are deletions;
words underlined are additions.
Florida Senate - 2026 CS for SB 7028 576-03005-26 20267028c1 State Attorneys, Public Defenders Elected Officers’ Class— Justices, Judges 0.73% Elected Officers’ Class— County Elected Officers 0.41% Senior Management Service Class 0.26% Section 6.
Subsection (3) of section 121.735, Florida Statutes, is amended to read:
121.735 Allocations for member line-of-duty death benefits;
percentage amounts.— (3) Allocations from the Florida Retirement System Contributions Clearing Trust Fund to provide line-of-duty death benefits for members in the investment plan and to offset the costs of administering said coverage, are as follows:
Membership Class Percentage of Gross Compensation Regular Class 0.05% Special Risk Class 1.28% 1.26% Page 13 of 15 CODING:
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words underlined are additions.
Florida Senate - 2026 CS for SB 7028 576-03005-26 20267028c1 Special Risk Administrative Support Class 0.03% Elected Officers’ Class— Legislators, Governor, Lt.
Governor, Cabinet Officers, State Attorneys, Public Defenders 0.15% Elected Officers’ Class— Justices, Judges 0.09% Elected Officers’ Class— County Elected Officers 0.20% Senior Management Service Class 0.05% Section 7.
The Legislature finds that a proper and legitimate state purpose is served when employees, officers, and retirees of the state and its political subdivisions, and the dependents, survivors, and beneficiaries of such employees, officers, and retirees, are extended the basic protections afforded by governmental retirement systems.
14, Article X of the State Constitution and Page 14 of 15 CODING:
14, Article X of the State Constitution and part VII of chapter 112, Florida Statutes.
Words stricken are deletions;
words underlined are additions.
Florida Senate - 2026 CS for SB 7028 576-03005-26 20267028c1 part VII of chapter 112, Florida Statutes.
Section 8.
Section 6.
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Action History

  1. Laid on Table -SJ 412

  2. Substituted HB 5205 (Died in Conference Committee) -SJ 412

  3. Read 2nd time -SJ 412

  4. CS by Appropriations read 1st time

  5. Placed on Special Order Calendar, 02/20/26

  6. Placed on Calendar, on 2nd reading

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

  8. CS by- Appropriations; YEAS 18 NAYS 0

  9. On Committee agenda-- Appropriations, 02/18/26, 1:30 pm, 412 Knott Building

  10. Introduced

  11. Referred to Appropriations

  12. Filed

  13. Submitted as Committee Bill and Reported Favorably by Governmental Oversight and Accountability; YEAS 9 NAYS 0

  14. On Committee agenda-- Governmental Oversight and Accountability, 01/20/26, 3:30 pm, 110 Senate Building

  15. Submitted for consideration by Governmental Oversight and Accountability

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.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Favorable with Committee Substitute

Passed 18 Yea · 0 Nay
Party YeaNayPresentNot Voting
Democrat 4000
Republican 13000
No Party Affiliation 1000
Total 18000
% of votes cast 100%0%0%0%
How each member voted (18)
Member Party Vote
Berman, Lori Democrat Yea
Polsky, Tina Scott Democrat Yea
Rouson, Darryl Ervin Democrat Yea
Sharief, Barbara Democrat Yea
Pizzo, Jason W. B. No Party Affiliation Yea
Brodeur, Jason Republican Yea
Burgess, Danny Republican Yea
DiCeglie, Nick Republican Yea
Garcia, Ileana Republican Yea
Grall, Erin Republican Yea
Harrell, Gayle Republican Yea
Hooper, Ed Republican Yea
Martin, Jonathan Republican Yea
Massullo, Ralph E., Jr. Republican Yea
McClain, Stan Republican Yea
Smith, David Republican Yea
Trumbull, Jay Republican Yea
Wright, Tom A. Republican Yea

Official roll call →

Submitted and Reported Favorably as Committee

Passed 9 Yea · 0 Nay
Party YeaNayPresentNot Voting
Democrat 3000
Republican 6000
Total 9000
% of votes cast 100%0%0%0%
How each member voted (9)
Member Party Vote
Arrington, Kristen Aston Democrat Yea
Bracy Davis, LaVon Democrat Yea
Polsky, Tina Scott Democrat Yea
Brodeur, Jason Republican Yea
DiCeglie, Nick Republican Yea
Grall, Erin Republican Yea
Mayfield, Debbie Republican Yea
McClain, Stan Republican Yea
Rodriguez, Ana Maria Republican Yea

Official roll call →

Subjects

finance labor
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does SB 7028 do?
Retirement; Authorizing an elected officer, except while serving as a legislator, to remain in elective office and receive accumulated Deferred Retirement Option Program (DROP) proceeds after the officer attains a certain age; requiring the Division of Retirement or the State Board of Administration, as appropriate, to take steps to recoup from the elected officer any DROP proceeds distributed in accordance with a specified provision, under specified circumstances; revising the cost-of-living adjustment for eligible Special Risk Class retirees; revising required allocations from the Contributions Clearing Trust Fund to provide disability coverage to members of the investment plan of the Florida Retirement System, etc.
Who sponsors SB 7028?
SB 7028 is sponsored by Arrington, Kristen Aston (Democrat).
What is the current status of SB 7028?
This bill has been introduced in the Senate. Introduced January 15, 2026. It must pass committee before a floor vote.
Where can I track SB 7028?
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