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SB 1528FLORIDA · STATEWIDESession 2026dead

Proposed Rules for Transferring Retirement Service Credits Between Employees

Original title: Transferring Years of Creditable Service

March 13, 2026

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The Frame

What this does

If enacted, this policy would allow FRS members to shift retirement service time between one another, provided the recipient accepts liability for any resulting unfunded actuarial costs and both parties meet specific eligibility criteria.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Florida Retirement System employees

Employees would gain the ability to voluntarily transfer or receive years of creditable service under new administrative rules.

What changed

Last recorded activity March 13, 2026.

What's next

Introduced.

Background

  • The Florida Retirement System (FRS) is the state-administered pension plan for public employees in Florida. context
  • SB 1528 was introduced during the 2026 legislative session and did not advance past the committee stage. context

Summary

This bill would create a new process allowing Florida Retirement System (FRS) employees to voluntarily transfer their years of to another FRS employee. The Department of Management Services would be required to establish rules for these transfers, which would be permanent and carry specific financial responsibilities for the recipient.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

Can I get my years of service back after I transfer them?
No, the bill specifies that the transfer of years of service is irrevocable.
Are there any costs associated with receiving transferred service?
Yes, the receiving employee is liable for any that results from the increase in their creditable years of service.
Who is eligible to participate in this transfer program?
Employees must have at least one year of employment with an employer and must be in the same as the employee receiving the service.

Why It Matters

If enacted, this policy would allow FRS members to shift retirement service time between one another, provided the recipient accepts liability for any resulting unfunded actuarial costs and both parties meet specific eligibility criteria.

News Coverage

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Sponsors

Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift90% confidence

Individualization of Pension Liability

The bill shifts the burden of unfunded actuarial liability from the system to the individual receiving employee, a departure from standard collective pension funding models.

Connected Entities

Sources

Open source document

openstates.org

Analysis Score

0–100
  • Significance65
    How much this matters to a regular citizen
  • Controversy40
    Intensity of disagreement among stakeholders
  • Entertainment10
    Compellingness for a non-policy-wonk reader
  • Buzz20
    Current news / social attention level

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