Bill Text: FL S2512 | 2015 | 1st Special Session | Enrolled

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Bill Title: Employer Contributions to Fund Retiree Benefits

Spectrum: Partisan Bill (Republican 1-0)

Status: (Passed) 2015-06-23 - Chapter No. 2015-227, companion bill(s) passed, see SB 2500-A (Ch. 2015-232) [S2512 Detail]

Download: Florida-2015-S2512-Enrolled.html

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       ENROLLED
       2015 Legislature                        SB 2512-A, 1st Engrossed
       
       
       
       
       
       
                                                            20152512Aer
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    2  
    3  Dates of Contribution Rate Changes            ContributionRate
    4  October 1, 1987, through December 31, 1988         0.24%     
    5  January 1, 1989, through December 31, 1993         0.48%     
    6  January 1, 1994, through December 31, 1994         0.56%     
    7  January 1, 1995, through June 30, 1998             0.66%     
    8  July 1, 1998, through June 30, 2001                0.94%     
    9  July 1, 2001, through June 30, 2013                1.11%     
   10  July 1, 2013, through June 30, 2014                1.20%     
   11  Effective July 1, 2014, through June 30, 2015      1.26%     
   12  Effective July 1, 2015                             1.66%     
   13  Dates of Contribution Rate Changes             ContributionRate
   14  October 1, 1987, through December 31, 1988         0.24%     
   15  January 1, 1989, through December 31, 1993         0.48%     
   16  January 1, 1994, through December 31, 1994         0.56%     
   17  January 1, 1995, through June 30, 1998             0.66%     
   18  July 1, 1998, through June 30, 2001                0.94%     
   19  July 1, 2001, through June 30, 2013                1.11%     
   20  July 1, 2013, through June 30, 2014                1.20%     
   21  Effective July 1, 2014, through June 30, 2015      1.26%     
   22  Effective July 1, 2015                             1.66%     
   23  Dates of Contribution Rate Changes             ContributionRate
   24  October 1, 1987, through December 31, 1988         0.24%     
   25  January 1, 1989, through December 31, 1993         0.48%     
   26  January 1, 1994, through December 31, 1994         0.56%     
   27  January 1, 1995, through June 30, 1998             0.66%     
   28  July 1, 1998, through June 30, 2001                0.94%     
   29  July 1, 2001, through June 30, 2013                1.11%     
   30  July 1, 2013, through June 30, 2014                1.20%     
   31  Effective July 1, 2014, through June 30, 2015      1.26%     
   32  Effective July 1, 2015                             1.66%     
   33  Membership Class                         Percentage ofGrossCompensation,EffectiveJuly 1, 2015 2014
   34  Regular Class                                 2.91% 3.53%     
   35  Special Risk Class                           11.35% 11.01%    
   36  Special Risk Administrative Support Class     3.71% 4.18%     
   37  Elected Officers’ Class— Legislators, Governor, Lt. Governor, Cabinet Officers, State Attorneys, Public Defenders     6.48% 6.30%     
   38  Elected Officers’ Class— Justices, Judges    11.39% 10.10%    
   39  Elected Officers’ Class— County Elected Officers     8.48% 8.36%     
   40  Senior Management Class                       4.32% 4.80%     
   41  DROP                                          4.10% 4.30%     
   42  Membership Class                         Percentage ofGrossCompensation,EffectiveJuly 1, 2015 2014
   43  Regular Class                                 2.65% 2.54%     
   44  Special Risk Class                            8.99% 7.51%     
   45  Special Risk Administrative Support Class    27.54% 36.59%    
   46  Elected Officers’ Class— Legislators, Governor, Lt. Governor, Cabinet Officers, State Attorneys, Public Defenders    37.62% 38.66%    
   47  Elected Officers’ Class— Justices, Judges    22.62% 21.77%    
   48  Elected Officers’ Class— County Elected Officers    32.09% 33.58%    
   49  Senior Management Service Class              15.41% 15.04%    
   50  DROP                                          7.12% 6.72%