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Key Votes

HB 5007 - Revises Florida Retirement System - Florida Key Vote

Timeline

Issues Related to HB 5007

Stage Details

Legislation - Conference Report Adopted (Senate) (24-13) - (Key vote)
See How Your Politicians Voted

Title: Revises Florida Retirement System

Vote Result
Yea Votes
Nay Votes
Vote Smart's Synopsis:

Vote to adopt a conference report that passes a bill that establishes provisions regarding pension plans and Florida's retirement system, effective July 1, 2018.

Highlights:
  • Establishes a comprehensive package of health insurance and retirement benefits and a personnel system for state employees (Secs. 1-7)

  • Requires a reduction in pension benefits for judges beginning on July 1, 2017 (Sec. 15).

  • Authorizes certain employees enrolled in the Florida Retirement System on or before July 1, 2018 to retain their pension and/or investment plans (Sec. 1).

  • Establishes new eligibility criteria for surviving children of an individual killed in the line of duty (Sec. 8).

  • Reduces the accrual rate for elected officials and other state employees (Sec. 8).

  • Establishes provisions regarding the renewal of membership in the Florida Retirement System for certain retirees who become reemployed by the state (Sec. 7).

  • Authorizes any renewed member who is not receiving the maximum health insurance subsidy to earn additional credit towards the maximum health insurance subsidy (Sec. 7).

  • Amends the eligibility criteria for the senior management service program (Sec. 8).
Legislation - Replaced by Substitute (House) (74-41) -

Title: Revises Florida Retirement System

Note:

NOTE: THIS BILL WAS VOTED ON DURING A SPECIAL SESSION OF THE LEGISLATURE

Legislation - Introduced (House) -

Title: Revises Florida Retirement System

Committee Sponsors

Sponsors

  • Matthew H. 'Matt' Caldwell (FL - R) (Out Of Office)
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