This bill amends Florida Statutes to enhance retirement 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, and establishes that the Department of Management Services must adopt rules to implement these changes by December 31, 2025. Additionally, the bill updates the definition of "veteran" to include more recent periods of wartime service, specifically adding operations such as Operation New Dawn, Operation Inherent Resolve, Operation Freedom's Sentinel, and Operation Enduring Sentinel, along with their respective dates.

Furthermore, the bill reenacts the definition of "military service" to align with the updated definition of "veteran." It allows members whose initial employment date is before March 1, 2024, to receive creditable service for military service under certain conditions, including being vested and making required contributions. The bill also specifies that service credit for wartime military service is capped at four years and outlines the necessary certifications for members claiming this credit. The effective date for the bill is set for July 1, 2025.

Statutes affected:
H 965 Filed: 121.111