FloridaBill would revise employer payments to Florida retirement plans
If enacted, the bill would revise employer contribution rates for Florida Retirement System groups, with the change taking effect July 1, 2026.
What it does
The bill would revise employer contribution rates for each Florida Retirement System membership group in both retirement plans. The available text does not show the rate amounts.
Argument forRevised rates could help fund retirement benefits and keep the system on sound financial footing for public workers and retirees.
Argument againstEmployer budgets could face pressure if the revised rates require larger payments to address the system's unfunded pension costs.
More detail
The bill would revise employer contribution rates for Florida Retirement System membership groups. The rates cover each membership class and subclass of the Florida Retirement System. The rates apply to both retirement plans. The bill would take effect July 1, 2026, if enacted.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- May 28Added to Conference Report CalendarLatest
- May 12Conference Committee appointed: Appropriations Conference Committee/Budget: Senator Hooper, Chair; Senators Berman, Boyd, Brodeur, Gruters, Passidomo, and Rouson, At Large; Appropriations Conference Committee on Agriculture, Environment, and General Government/Agriculture & Natural Resources: Senator Brodeur, Chair; Senators Arrington, Berman, DiCeglie, Grall, Massullo, McClain, Nathan, Pizzo, Rodriguez, Sharief, and Truenow; Appropriations Conference Committee on Agriculture, Environment, and General Government/State Administration: Senator Brodeur, Chair; Senators Arrington, Berman, DiCeglie, Grall, Massullo, McClain, Nathan, Pizzo, Rodriguez, Sharief, and Truenow; Appropriations Conference Committee on Criminal and Civil Justice/Justice: Senator Garcia, Chair; Senators Martin, Osgood, Polsky, Simon, Smith, Wright, and Yarborough; Appropriations Conference Committee on Health and Human Services/Health Care: Senator Trumbull, Chair; Senators Brodeur, Burton, Davis, Garcia, Harrell, Rodriguez, Rouson, and Sharief; Appropriations Conference Committee on Higher Education/Higher Education: Senator Harrell, Chair; Senators Bracy Davis, Bradley, Burgess, Calatayud, Davis, and Leek; Appropriations Conference Committee on Pre-K – 12 Education/Pre-K – 12: Senator Burgess, Chair; Senators Bradley, Calatayud, Gaetz, Jones, Massullo, Nathan, Osgood, Pizzo, Simon, and Yarborough; Appropriations Conference Committee on Transportation, Tourism, and Economic Development/Transportation & Economic Development: Senator DiCeglie, Chair; Senators Arrington, Avila, Bernard, Bracy Davis, Grall, Leek, Martin, Mayfield, McClain, Polsky, Smith, Truenow, and Wright.
- Vote recorded Third Reading. Result: pass.Upper
- Vote recorded Passage, Third Reading. Result: pass.Lower
- May 12Bill placed in Conference (Appropriations Conference Committee/Budget)
- May 12Conference Committee appointed
- May 12Bill placed in Conference (Appropriations Conference Committee/Budget)
- May 12In Messages
- May 12The Senate having refused to pass the bill as passed by the House, acceded to the request for a conference
- May 12Passed as amended; YEAS 32 NAYS 0Passed Senate
- May 12Read 3rd timeMinor
- May 12Amendment(s) adopted (123090)
- May 12Read 2nd timeMinor
- May 12Substituted for SB 2-E
- May 12Placed on Calendar, on 2nd reading
- May 12Withdrawn from AppropriationsMajor
- May 12Referred to AppropriationsMinor
- May 12ReceivedMinor
- May 12In Messages
- May 12Requests that the Senate pass the bill as passed by the House or agree to include the bill in the Budget Conference
- May 12Passed; YEAS 106, NAYS 0Passed House
- May 12Read 3rd timeMinor
- May 12Added to Third Reading Calendar
- May 12Read 2nd timeMinor
- May 12Added to Second Reading Calendar
- May 12Read 1st time
- May 5Bill referred to House Calendar
- May 5FiledIntroduced
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