THE BILL ITSELF
SB 1528
Transferring Years of Creditable Service
Florida Senate - 2026 SB 1528 By Senator Pizzo 37-01681-26 20261528__
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A bill to be entitled
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An act relating to transferring years of creditable
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service; creating s. 121.082, F.S.; requiring the
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Department of Management Services adopt rules to
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establish a process for employees in the Florida
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Retirement System to transfer years of creditable
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service to another employee in the system; specifying
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requirements for such process; providing an effective
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date.
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Be It Enacted by the Legislature of the State of Florida:
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Section 1. Section 121.082, Florida Statutes, is created to
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read:
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121.082 Transferability of prior service.—
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(1) The department shall adopt rules to establish a process
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for an employee to transfer years of creditable service to
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another employee.
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(2) At a minimum, such rules must provide for all of the
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following:
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(a) That an employee is eligible to transfer years of
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creditable service after 1 year of employment with an employer.
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(b) That participation is voluntary.
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(c) That the employee transferring years of service is a
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member of the same retirement classification as the receiving
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employee.
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(d) That years of service transferred to another employee
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are removed from the employee contributing the years of service.
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(e) That the transfer of years of service is irrevocable.
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(f) That the receiving employee is liable for any unfunded
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actuarial liability that results from an increase in his or her
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creditable years of service.
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(g) That employees who transfer service are prohibited from
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claiming past service or prior service under s. 121.081.
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(h) That employees who transfer service may not reenroll in
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the Florida Retirement System.
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Section 2. This act shall take effect July 1, 2026.