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    SB 7022: Retirement

    GENERAL BILL by Governmental Oversight and Accountability; (CO-INTRODUCERS) DiCeglie, Hooper

    Retirement; Authorizing an officer, except while serving as a legislator, to remain in ...

    elective office and receive accumulated DROP proceeds after the officer attains a certain age; providing that, upon termination, the officer receives accumulated DROP proceeds including interest earned in accordance with a specified provision; 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 required employer retirement contribution rates for each membership class and subclass of the Florida Retirement System, etc.
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    Effective Date: 7/1/2025

    Last Action: 4/10/2025 Senate - In returning messages

    Bill Text [pdf]

    Current Bill Version Posted: 3/19/2025 09:38 AM


    • Related Bills (3)

    • Floor Amendments (1)

    • Committee Votes (1)

    • Citations - Statute (3)

    • Bill History

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