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SB 1410·FL·senate

Optional Retirement Programs

FailedFiled Jan 8, 2026
Sponsor: Smith
Latest Action

S Died in Governmental Oversight and Accountability

Mar 13, 2026

Summary

The bill would let eligible public community‑college and state‑university employees opt out of the regular Florida Retirement System and join a separate optional retirement program, while requiring employers to contribute at rates equal to the Florida Retirement System Investment Plan. It sets detailed contribution percentages, eligibility rules, and procedures for transferring back to the regular system. The measure was introduced in the Florida Senate but died in committee.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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