FL S0624

Authorizes Florida Retirement System retirees to be reemployed by FRS-participating employers on a part-time basis within 6 months of retirement if they do not receive both salary and retirement benefits during that period.

Maintains the existing 6-month restriction preventing retirees from receiving both salary and retirement benefits simultaneously, except for the new part-time employment exception.

Requires employers to pay retirement contributions equal to the unfunded actuarial liability portion for reemployed retirees, in addition to standard employer contributions.

Establishes joint and several liability for retirees and employers who violate reemployment restrictions, requiring reimbursement of retirement benefits paid from the trust funds.

Effective July 1, 2022.