Florida H4063 amends the West Palm Beach Police Pension Fund, revising definitions, membership, retirement requirements, pension calculations, and.

Florida H4063 amends the West Palm Beach Police Pension Fund, affecting definitions, membership, retirement requirements, pension calculations, and benefit distributions. The bill revises definitions for terms like "actuarial equivalent value" and "beneficiary." It mandates that all police officers in the employ of the city become members of the fund and requires new members to undergo a physical examination. The bill revises retirement age and service requirements, pension calculations, and optional forms of retirement income.

Florida H4063 amends the West Palm Beach Police Pension Fund, revising definitions, membership, retirement requirements, pension calculations, and.

Florida H4063 amends the West Palm Beach Police Pension Fund, affecting definitions, membership, retirement requirements, pension calculations, and benefit distributions. The bill revises definitions for terms like "actuarial equivalent value" and "beneficiary." It mandates that all police officers in the employ of the city become members of the fund and requires new members to undergo a physical examination. The bill revises retirement age and service requirements, pension calculations, and optional forms of retirement income.