This bill amends Florida Statutes to enhance credit for military service for members of the Florida Retirement System. It revises the initial date of employment for members with military service to March 1, 2024, replacing the previous date of January 1, 1987. Additionally, the bill requires the Department of Management Services to adopt rules by December 31, 2025, to implement these changes. The definition of "veteran" is also updated to include more recent periods of wartime service, specifically adding operations such as Operation New Dawn, Operation Inherent Resolve, Operation Freedoms Sentinel, and Operation Enduring Sentinel.
Furthermore, the bill reenacts the definition of military service to align with the updated definition of wartime service. It stipulates that members may receive creditable service for military service if they meet certain conditions, including being vested and making required contributions. The bill emphasizes that service credit for wartime military service is limited to a maximum of four years and outlines the necessary certifications to ensure that members do not claim the same service under multiple retirement systems. The act is set to take effect on July 1, 2025.
Statutes affected: S 684 Filed: 121.111