Legislative Pulse
Bills and rule changes that affect FRS benefits tracked by PensionForge.
2026 Special Session E · adjourned May 29
Special Risk COLA floor
A new minimum 1.5% annual COLA for eligible Special Risk Class retirees, enacted as part of HB 5205E in the 2026 Special Session E (new s. 121.101(5), Florida Statutes), signed by the Governor on June 29, 2026 and effective July 1, 2026. Beginning after the fifth anniversary of retirement, the adjustment is the greater of the existing prorated COLA factor or 1.5% of the benefit.
Affects: COLA · HB 5205E (2026 Special Session E) — bill page · HB 5205E enrolled act (Engrossed 1) — authoritative final text (new s. 121.101(5) COLA floor + rates) · HB 5205E conference committee amendment 688691 — substantive source carried into the enrolled act · HB 5205E Senate delete-all amendment 123090 (Mayfield) · 2026 Special Session E Laws-of-Florida chapter citator (HB 5205E signed 6/29/2026; effective 7/1/2026; Laws of Florida Ch. 2026-___ pending assignment) · CS/SB 7028 (2026 Regular Session) — origin of the provision · HB 5205 (2026 Regular Session) — earlier vehicle; died in conference 3/13/2026 · HB 5205 full history and floor votes (LegiScan) · Current statute — s. 121.101, F.S. (Cost-of-living adjustment of benefits)
Latest: New s. 121.101(5) Special Risk COLA floor takes effect
HB 5205E — 2026–27 FRS employer contribution rates
Revises FRS employer contribution rates for every membership class and subclass for fiscal year 2026–27, enacted as part of HB 5205E (2026 Special Session E), signed by the Governor on June 29, 2026 and effective July 1, 2026. Special Risk rates are raised to help fund the new Special Risk COLA floor that the same bill creates.
Affects: contribution rate · HB 5205E (2026 Special Session E) — bill page · HB 5205E enrolled act (Engrossed 1) — authoritative final text (rates + new s. 121.101(5)) · HB 5205E conference committee amendment 688691 — substantive source carried into the enrolled act · HB 5205E Senate delete-all amendment 123090 (Mayfield) · HB 5205E filed bill text (PDF) — rates-only as filed (superseded) · HB 5205E House staff analysis (figures for the filed, rates-only version) · 2026 Special Session E Laws-of-Florida chapter citator (HB 5205E signed 6/29/2026; effective 7/1/2026; Laws of Florida Ch. 2026-___ pending assignment) · Current statute — s. 121.71, F.S. (Uniform rates; process; calculations; levy)
Latest: Revised s. 121.71 employer contribution rates take effect
SB 474 — Military leave and the FRS Senior Management Service Class
Signed as Chapter 2026-92, Laws of Florida, effective July 1, 2026. It adds the Coast Guard to the military leave-of-absence statute and updates which Department of Military Affairs positions are compulsorily in the FRS Senior Management Service Class. It does not change creditable-service rules or any benefit formula.
Affects: · CS/SB 474 (2026) — bill page · CS/SB 474 enrolled text — amends s. 115.01 and s. 121.055(1)(g) · CS/SB 474 (Florida House bill detail; Chapter 2026-92) · Current statute — s. 121.055, F.S. (Senior Management Service Class) · Current statute — s. 115.01, F.S. (Leave of absence for military service)
Latest: Takes effect July 1, 2026
Show resolved (5)
SB 1304 / HB 1289 — Special Risk expansion to prosecutors and investigators
A 2026 bill that would have added state attorneys, the statewide prosecutor, assistant statewide prosecutors, and special investigators to the Special Risk Class. Died in committee without a hearing.
Affects: contribution rate · SB 1304 full text (Filed) · SB 1304 bill page · HB 1289 bill page · MyFRS 2026 legislation tracker · Special Risk criteria — s. 121.0515 (2024)
Latest: Died in Governmental Oversight and Accountability without a hearing
SB 520 / HB 1087 — FRS public records exemption
A 2026 bill that would have broadened privacy protections for FRS retirement plan participants, closing an asymmetry between Pension Plan and Investment Plan members. Did not pass.
Affects: · SB 520 full text (Filed) · SB 520 bill page · CS/CS/HB 1087 bill page (repurposed) · MyFRS 2026 legislation tracker · MyFRS public records policy (current law) · Current statute — s. 121.031 (2024)
Latest: Died in Governmental Oversight and Accountability; HB 1087 repurposed without FRS provisions
SB 1410 — Optional retirement program contribution parity
A 2026 bill that would have set the employer contribution rate for certain optional retirement programs equal to the FRS Investment Plan employer rate. Died in committee on March 13, 2026.
Affects: · SB 1410 (2026) — bill page · SB 1410 filed bill text — cites s. 121.051 and s. 121.35 · HB 1441 (companion) — Optional Retirement Programs for Public Postsecondary Employees · Current statute — s. 121.35, F.S. (SUSORP)
Latest: Died in Governmental Oversight and Accountability without a hearing
SB 1528 — Transferring years of creditable service between members
A 2026 bill that would have directed the Department of Management Services to adopt rules allowing an FRS member to transfer years of creditable service to another member. Died in committee on March 13, 2026.
Affects: · SB 1528 (2026) — bill page · SB 1528 filed bill text — associated with new s. 121.082 · Current statute — s. 121.111, F.S. (Credit for military service)
Latest: Died in Governmental Oversight and Accountability without a hearing
HB 1403 — Deferred compensation auto-enrollment
A 2026 bill that would have authorized automatic enrollment, with a default contribution rate and periodic resets, in the Government Employees' Deferred Compensation Plan (a Section 457 plan). Died in committee on March 13, 2026. It concerns supplemental savings, not core FRS benefits.
Affects: · HB 1403 (2026) — bill page · HB 1403 filed bill text (PDF) — cites s. 112.215, s. 110.114, s. 112.171 · SB 1018 (identical companion) · Current statute — s. 112.215, F.S. (Government employees; deferred compensation program)
Latest: Died in Government Operations Subcommittee