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FL H0929
Bill
Status
Passed
5/6/2022
Primary Sponsor
David Silvers
Click for details
AI Summary
- Amends the West Palm Beach Police Pension Fund (ch. 24981, 1947 Laws of Florida) to retroactively restore the benefit accrual rate from 2.68 percent to 3 percent for all years of a member's service between October 1, 2011, and October 1, 2017, for members who retire or enter DROP after the act's effective date
- Revises the definition of "salary" to exclude lump-sum payments for accumulated leave (vacation, sick, and personal leave) and excludes off-duty employment performed for non-City vendors per the collective bargaining agreement with the Florida State Lodge, Fraternal Order of Police, Inc.
- Updates collective bargaining agreement references from the Palm Beach County Police Benevolent Association to the Fraternal Order of Police, Inc., Certified Unit No 1985 and Certified Unit No 1986, covering the period October 1, 2021, to September 30, 2024
- Provides that eligible members receive a lump-sum payment for accumulated leave payable upon retirement or entry into DROP, but excludes vested and non-vested terminations from eligibility; remaining leave funds after required health savings account contributions are transferred to the pension fund up to the amount permitted by law
- Takes effect upon becoming a law
Legislative Description
City of West Palm Beach, Palm Beach County
Last Action
Approved by Governor
5/6/2022
Committee Referrals
State Affairs2/8/2022
Government Operations Subcommittee1/25/2022
Local Administration and Veterans Affairs Subcommittee1/7/2022
Full Bill Text
No bill text available