DeSantis authorizes changes to Florida Retirement System
Gov. Ron DeSantis signed House Bill 151, modifying the Florida Retirement System to reduce retirees’ reemployment waiting period to six months and adjust employer contribution rates for financial stability.
Gov. Ron DeSantis has approved changes to the Florida Retirement System (FRS).
The modifications, part of House Bill 151 (HB 151), signed into law on Monday, revise the reemployment stipulations for retirees and adjust employer contribution rates to enhance the system’s fiscal health.
The legislation reduces the waiting period for FRS retirees who wish to return to work. Previously required to wait 12 months before they could be reemployed by an FRS-participating employer without suspendi...
