FL H5007

Holders of elective office who assume their position by appointment are prohibited from participating in the Elected Officers' Class until they win election or reelection; appointed officeholders must instead participate in the Senior Management Service Class unless they withdraw from the system entirely

Employer retirement contribution rates for the Florida Retirement System increase effective July 1, 2025, including Regular Class from 6.73% to 7.10%, Special Risk Class from 18.66% to 20.10%, Senior Management Service Class from 8.56% to 8.73%, and DROP from 8.49% to 9.37%

Unfunded actuarial liability contribution rates also increase effective July 1, 2025, including Regular Class from 4.84% to 4.87%, Special Risk Class from 12.07% to 13.03%, Special Risk Administrative Support Class from 26.22% to 26.54%, and DROP from 10.64% to 10.65%

Elected Officers' Class contribution rates for Legislators, Governor, Lt. Governor, Cabinet Officers, State Attorneys, and Public Defenders increase from 50.21% to 50.56% for unfunded liability rates, and the Justices/Judges subclass rate increases from 14.90% to 15.62% for normal cost contributions

Declared to fulfill an important state interest under Article X, Section 14 of the Florida Constitution by ensuring the state retirement system is managed and funded in an actuarially sound manner