2024 Cost Of Living Increase For Employees In Florida . Cs/hb 151 (busatta cabrera) and sb 242 (hooper) create an unfunded mandate for government entities that provide retirement benefits through the florida retirement system. Here is a list of all the raise amounts based on locality.
“some of the state employees have not gotten a raise for quite a few years and, and they really need it with the cost of living.” state lawmakers have agreed to hike up. Hb 151 and sb 242 restore the 3% cost of living adjustment to the florida retirement system pension plan.
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Early Look at 2024 CostOfLiving Adjustments and Maximum Contribution , The following retirement bills were filed for consideration in the 2024 regular session of the florida legislature.
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