SB 1528 — Transferring years of creditable service between members

SB 1528 (2026 Regular Session), filed January 9, 2026 by Senator Pizzo, would have required the Department of Management Services (DMS) to adopt rules establishing a process for an FRS member to transfer years of creditable service to another member in the system. The bill had no House companion. It died in the Senate Governmental Oversight and Accountability Committee when the regular session ended on March 13, 2026, without a hearing. The bill text was associated with a new section, s. 121.082, Florida Statutes.

What current law allows — and does not: Under current law, FRS creditable service is individual and is not transferable between members. A member earns creditable service through covered employment and, in defined circumstances, may purchase or claim certain past, prior, or qualifying military service under existing provisions of Chapter 121 (for example, s. 121.111, F.S., addresses credit for military service), subject to the required contributions. There is no current mechanism for one member to give or sell accrued service credit to another member. SB 1528 would have directed DMS to create such a process by rule.

What this would change in PensionForge's projections: PensionForge projects a member's benefit from that member's own creditable service. A member-to-member transfer mechanism does not exist today and, as drafted, would be an administrative process defined by rule; it would not change the benefit formula or how an individual's own service is projected.

Current engine behavior: The engine treats creditable service as belonging to the individual member; there is no concept of transferring service between members. Projections are unaffected.