SB 2-E: Retirement

GENERAL BILL by Mayfield

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; revising the cost-of-living adjustment for eligible Special Risk Class retirees; defining the term “eligible Special Risk Class retiree”; revising required employer retirement contribution rates for each membership class and subclass of the Florida Retirement System; 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.

Current Bill Version Posted: 5/7/2026 12:25 PM

• Senate Committee References (2)

  1. Governmental Oversight and Accountability (GO)
  2. Appropriations (AP)

• Related Bills (3)

  Bill Number Subject Filed By Last Action and Location	Relationship Learn more about bill relationships
  H 5205 (er) by Maggard Retirement Last Action: 5/29/2026 H Ordered engrossed, then enrolled	Identical
  H 5001 (er) by McClure General Appropriations Act Last Action: 5/29/2026 H Ordered engrossed, then enrolled	Compare
  S 2500 by Hooper Appropriations Last Action: 5/12/2026 S Laid on Table, refer to HB 5001-E	Compare

• Analyses (1)

  Links in this section are PDF documents.

  • Governmental Oversight and Accountability (Pre-Meeting)   5/7/2026

• Citations - Statute (6)

  The page numbers, when listed, for citations are constantly under review. The journals or printed bills of the respective chambers should be consulted as the official documents of the Legislature.
  
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  121.053	Participation in the Elected Officers’ Class for retired members.	Page 2 (pdf)
  121.091	Benefits payable under the system.	Page 3 (pdf)
  121.101	Cost-of-living adjustment of benefits.	Page 9 (pdf)
  121.71	Uniform rates; process; calculations; levy.	Page 9 (pdf)
  121.73	Allocations for member disability coverage; percentage amounts.	Page 12 (pdf)
  121.735	Allocations for member line-of-duty death benefits; percentage amounts.	Page 13 (pdf)

• Bill History

  S = Senate, H = House

  5/7/2026	S	• Filed • Referred to Governmental Oversight and Accountability; Appropriations
  5/12/2026	S	• Introduced • Withdrawn from Governmental Oversight and Accountability; Appropriations • Placed on Calendar, on 2nd reading • Read 2nd time • Substituted HB 5205-E • Laid on Table, refer to HB 5205-E