Florida SB 1528: Prescription Drug Importation Programs

Bill Text

1528 
Transferring Years of Creditable Service 
2026-01-09T03:11:52Z 
Requiring the Department of Management Services adopt rules to establish a process for employees in the Florida Retirement System to transfer years of creditable service to another employee in the system, etc. 
Original Filed Version 
2026 
S 
2026-07-01T00:00:00Z 
GB 
General Bill 
__ 

 Florida Senate - 2026 SB 1528 

 By Senator Pizzo 

 37-01681-26 20261528__ 
 1 A bill to be entitled 
 2 An act relating to transferring years of creditable 
 3 service; creating s. 121.082, F.S.; requiring the 
 4 Department of Management Services adopt rules to 
 5 establish a process for employees in the Florida 
 6 Retirement System to transfer years of creditable 
 7 service to another employee in the system; specifying 
 8 requirements for such process; providing an effective 
 9 date. 
 10 
 11 Be It Enacted by the Legislature of the State of Florida: 
 12 
 13 Section 1. Section 121.082, Florida Statutes, is created to 
 14 read: 
 15 121.082 Transferability of prior service.— 
 16 (1) The department shall adopt rules to establish a process 
 17 for an employee to transfer years of creditable service to 
 18 another employee. 
 19 (2) At a minimum, such rules must provide for all of the 
 20 following: 
 21 (a) That an employee is eligible to transfer years of 
 22 creditable service after 1 year of employment with an employer. 
 23 (b) That participation is voluntary. 
 24 (c) That the employee transferring years of service is a 
 25 member of the same retirement classification as the receiving 
 26 employee. 
 27 (d) That years of service transferred to another employee 
 28 are removed from the employee contributing the years of service. 
 29 (e) That the transfer of years of service is irrevocable. 
 30 (f) That the receiving employee is liable for any unfunded 
 31 actuarial liability that results from an increase in his or her 
 32 creditable years of service. 
 33 (g) That employees who transfer service are prohibited from 
 34 claiming past service or prior service under s. 121.081. 
 35 (h) That employees who transfer service may not reenroll in 
 36 the Florida Retirement System. 
 37 Section 2. This act shall take effect July 1, 2026.