HB 917 (2016) -  Death Benefits Under Florida Retirement System

by Plasencia (CO-SPONSORS) Ahern; Eisnaugle; Narain; Rogers; Rouson
Authorizes payment of death benefits to surviving spouse or surviving children of Special Risk Class member in investment plan; establishes qualifications & eligibility requirements in order to receive such benefits; prescribes method of calculating benefit; specifies circumstances under which benefit payments are terminated; provides legislative intent; requires SBA or Division of Retirement to take certain action upon receipt of notification of disqualification from IRS; authorizes state board & DMS to adopt rules; provides for allocations for death benefits authorized by act; adjusts employer contribution rates in order to fund changes made by act; provides directive to DOLRI; declares that act fulfills important state interest.
Effective Date: July 1, 2016
Last Event: Died in Government Operations Subcommittee; companion bill(s) passed, see SB 7012 (Ch. 2016-213) on Friday, March 11, 2016 6:45 PM

Referred Committees and Committee Actions

Related Bills

Staff Analysis

(None Available)

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Died in Government Operations Subcommittee; companion bill(s) passed, see SB 7012 (Ch. 2016-213) Time: 03/11/2016 - 6:45 PM Member: Committee: Government Operations Subcommittee Version: __
Event: H 1st Reading Time: 01/12/2016 - 8:37 PM Member: Committee: Version: __
Event: H Now in Government Operations Subcommittee Time: 01/08/2016 - 3:43 PM Member: Committee: Government Operations Subcommittee Version: __
Event: H Referred to State Affairs Committee Time: 01/08/2016 - 3:43 PM Member: Committee: State Affairs Committee Version: __
Event: H Referred to Appropriations Committee Time: 01/08/2016 - 3:43 PM Member: Committee: Appropriations Committee Version: __
Event: H Referred to Government Operations Subcommittee Time: 01/08/2016 - 3:43 PM Member: Committee: Government Operations Subcommittee Version: __
Event: H Filed Time: 12/10/2015 - 11:57 AM Member: Plasencia Committee: Version: __