Florida legislation · 2026 Regular Session
Florida H4063: West Palm Beach Police Pension Fund - Special Act Amendment
Status: Chaptered, July 1, 2026
Revises professional & clerical services; revises West Palm Beach Police Pension Fund membership; age & service requirements for retirement; retirement pension calculation; optional forms of retirement income; chapter 185 share accounts; supplemental pension distributions; deferred retirement option plan (DROP); death benefits; investments; review procedures; lump sum payments of small retirement incomes; Internal Revenue Code limits; minimum distribution of benefits; rollovers from qualified plans; other police officer or military services; & reemployment after retirement.
What the bill says
An act relating to the West Palm Beach Police Pension Fund, Palm Beach County; amending chapter 24981 (1947), Laws of Florida, as amended; revising definitions relating to the West Palm Beach Police Pension Fund; revising professional and clerical services; revising the fund membership; revising age and service requirements for retirement; revising retirement pension calculation; revising optional forms of retirement income; revising chapter 185 share accounts; revising supplemental pension distributions; revising deferred retirement option plan (DROP); revising death benefits…
From the enrolled text, March 11, 2026:
An act relating to the West Palm Beach Police Pension Fund, Palm Beach County; amending chapter 24981 (1947), Laws of Florida, as amended; revising definitions relating to the West Palm Beach Police Pension Fund; revising professional and clerical services; revising the fund membership; revising age and service requirements for retirement; revising retirement pension calculation; revising optional forms of retirement income; revising chapter 185 share accounts; revising supplemental pension distributions; revising deferred retirement option plan (DROP); revising death benefits; revising investments; revising review procedures; revising lump sum payments of small retirement incomes; revising Internal Revenue Code limits; revising minimum distribution of benefits; revising rollovers from qualified plans; revising other police officer or military services; revising reemployment after retirement; providing an effective date. Be It Enacted by the Legislature of the State of Florida: Section 1. Paragraphs (b), (c), (h), (m), and (q) of subsection (2), paragraph (e) of subsection (4), subsection (6), ENROLLED HB 4063 2026 Legislature CODING: Words stricken are deletions; words underlined are additions. hb4063 -00-er Page 2 of FLORIDAHOUSEOFREPRESENTATIVES paragraph (b) of subsection (8), paragraphs (a) and (d) of subsection (9), paragraphs (b) and (f) of subsection (11), paragraph (b) of subsection (12), paragraph (b) of subsection (13), paragraph (b) of subsection (17), paragraphs (a) and (d) of subsection (21), subsections (26) and (27), paragraph (a) of subsection …