Florida H5205 revises employer retirement contribution rates for various classes within the Florida Retirement System.
Florida H5205 amends the Florida Statutes to revise the required employer retirement contribution rates for each membership class and subclass of the Florida Retirement System. The bill specifies new contribution rates effective July 1, 2026, for classes such as Regular, Special Risk, Elected Officers, and Senior Management Service. The changes aim to address unfunded actuarial liabilities of the system.
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