Laid on Table, refer to HB 5205-E
Summary
The bill lets elected officers keep their jobs and receive accumulated DROP payouts once they reach 59½, but stops further retirement credit and employer contributions while they serve. It also adds rules for recouping DROP money if paid too early, updates how terminated members can get refunds or monthly benefits, and changes cost‑of‑living adjustments and employer contribution rates for the Florida Retirement System. The changes aim to clarify retirement benefits for public employees and ensure fiscal soundness.
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